"They call it the 'sandwich generation' - those people in mid-life who are minding ageing parents while tending to a young family themselves."
"But as we live longer, supported by successful ageing policies and better healthcare, it can often mean that our home lives have freed up long before our parents pass away."
Rising life expectancy is pushing the timing of inheritances later, producing older beneficiaries when windfalls arrive. Financial experts offer advice on how to spend a mid-life windfall. Many mid-life adults belong to the sandwich generation, simultaneously caring for ageing parents and raising children. Improved healthcare and successful ageing policies extend lifespans and can free up household responsibilities well before parents die. The changing timing of inheritances influences financial planning, caregiving dynamics, and decisions about whether to spend, save, or invest received funds.
Read at Independent
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