SGL Live on WGN 9 News – Financial Strain on the “Sandwich Generation”

Our SGL President, Steve Lewit, returned to WGN to offer expert advice on navigating the financial challenges of the “Sandwich Generation.”

Here’s what was covered Live on WGN 9 News:

• Millions of Americans struggle with the financial and emotional strain of simultaneously caring for both their children and aging parents.
• Effective strategies for managing this challenge include establishing a well-structured budget, prioritizing personal financial health, and setting clear, structured agreements with adult children who continue to live at home.
• Caregivers should demand financial transparency from aging parents to ensure proper planning and avoid unexpected expenses, while also seeking support from other family members when possible.