The sandwich generation feels the squeeze

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Caring for the elderly
The decision to move from one's home into an assisted living facility can be tough on seniors and their families. Surrendering independence, the quality of the facility can weigh heavily on the decision-making process. So too, can cost.
Photo by John Moore/Getty Images

The sandwich generation is growing. As the baby boomers age, their children are often caught in the middle — caring for their parents even as they care for their children. Studies estimate caregivers provide about 20 hours of unpaid care per week, and almost 25 percent are millennials.

It's a lot of pressure — both emotionally and financially. Tuesday, guest host Chris Farrell spoke with two experts about how members of the sandwich generation can care for themselves even as they care for their loved ones.

Guests:
Ken Druck, author of the new book “Raising an Aging Parent: Guidelines for Families in the Second Half of Life

Teresa Ghilarducci, labor economist and author of the book “Rescuing Retirement”