While baby boomers, Generation X and Generation Y tend to get the most media attention,
one of the largest generational categories in the United States is the sandwich generation, which is primarily composed of people in their 40s or 50s who are supporting their children and their aging parents. Due in large part to children living at home longer or returning home after college, combined with longer life expectancies for senior citizens, the sandwich generation represented approximately 47% of people between 40 and 60 years of age, as of 2013.
Conversations about money can be uncomfortable but you need to handle everyday needs as well as retirement and unexpected emergencies. Talking about finances as soon as possible will you to set up a monthly budget that everyone can benefit from.