Senior Providers Blog

How does the Sandwich Generation Save for Retirement?

Posted by Senior Providers Network on Apr 24, 2018 10:00:00 AM

The term “Sandwich Generation” is used to describe a growing group of реорlе who are саrеgіvеrѕ fоr thеіr young children and aging parents. Usually, this applies to people in their late 30s, 40s, and 50s. Any members of this group also have full-time employment, but they may find it necessary to reduce their work hours or leave their jobs altogether to tend to their parents' needs. This can add to the stress by creating financial difficulties.

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Approximately 15% of the people in this category provide financial support to both a parent and a child.  This can quickly drain their resources, especially when employment hours have been reduced. Sharing time between children and aging loved ones may also leave this generation with little or no time for themselves. Members of the sandwich generation may be more likely to become isolated, overwhelmed, anxious, depressed, than caregivers who do not have children at home.  Since they are providing care for both generation, they have even less time to seek out relationships and other social connections.

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Topics: Caregiving, FMLA, Family Medical Leave Act, Family and Medical Leave Act, Family Caregiver, Sandwich Generation

FMLA 101: Breaking Down the Family and Medical Leave Act

Posted by Senior Providers Network on Dec 14, 2017 10:00:00 AM

Family and Medical Leave Act is an important HR-related topic that all employers should fully understand. Over time, many of your employees will have to care for elderly relatives due to poor health and/or advanced age. Caring for an elder requires significant time. As a result, your employees may need a period of leave from time to time in order to care for their loved one’s medical or other needs.

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Topics: FMLA, Family Medical Leave Act, Family and Medical Leave Act