Baby boomers are often called the Sandwich Generation
They earned this moniker because they are often faced with caring not only for their children but their aging parents as well. I'd like to add another layer of cheese, tomato and lettuce, along with a slice of bread to this Sandwich, making Baby Boomers the new Club Sandwich Generation.
In this current economy, Generation X and Y children are moving back home in record numbers often with spouses and children in tow. Thus, Boomers are now often supporting three other generations not just two. What a fine development that has got us into!
One of my favorite organizing clients is the classic Sandwich Generation. One aging mom needs financial support. Then her son came home with wife and two children. His predatory lender had persuaded him into buying a house far beyond his means. Don't just get a loan to buy the house, suggested the lender, get some extra money to buy some fun stuff too.