Many individuals today find themselves financially supporting both their children and their aging parents, a group often referred to as the “sandwich generation.” These dual responsibilities can create unique financial pressures, from balancing household expenses and education costs to planning for long-term care and retirement.
U.S. Bank is offering guidance to help individuals navigate this complex stage of life with greater confidence and clarity. Through its wealth management resources, U.S. Bank encourages families to take proactive steps such as prioritizing savings, planning for healthcare costs, reviewing insurance coverage, and having open conversations with loved ones about financial expectations.
By creating a comprehensive financial plan and seeking professional advice when needed, members of the sandwich generation can better manage competing priorities while protecting their long-term financial well-being.
U.S. Bank has shared additional insights and practical strategies in an online resource designed specifically for those facing these challenges.
To learn more, visit: https://www.usbank.com/wealth-management/financial-perspectives/financial-planning/financial-planning-tips-for-the-sandwich-generation
