How to juggle care for both kids and parents: by KristinStoller
, encourages those in the sandwich generation to first look into Employee Assistance Programs, or work-based programs that help employees with counseling, referrals and personal or work-related issues.
Biro says he’s not complaining – he wanted to be available for his dad and his kids. But it’s also important to strike the right balance. Young, of T. Rowe Price, says it’s imperative to talk to your parents about how they have prepared for the future. “I was super careful about the mail he got because seniors get bombarded with all kinds of offers for stuff, and most of it is not good for them,” Biro says. “It’s a lot of investment type things, signing up for subscriptions they don’t need. He got all kinds of calls from different companies soliciting him for things.”
“We always seem to find that the kids we talk to expect their parents to fund all or nearly all of the college they plan to go to,” Young says.
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