Hootie’s Take: Evidence that caregivers are prime candidates for Long-Term Care insurance having experienced the amount of time, effort and money it requires to care for a loved one.
WASHINGTON (AP) — Caught between kids and aging parents, the sandwich generation worries more than most Americans their age about how they’ll afford their own care as they grow older, a new poll shows. But most aren’t doing much to get ready.
Nearly 1 in 10 people age 40 and over are “sandwiched” – they’re supporting a child while providing regular care for an older loved one, according to the poll by The Associated Press-NORC Center for Public Affairs Research.
Another 8 percent may join the ranks of double-caregivers in the next five years, citing declining health of an older relative or close friend.
Dueling responsibilities can make some days feel like a tug-of-war.