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Dealing with aging parents and poor kids

May 11, 2014
By SAMUEL ZIMMERMAN , The Leader Herald

Are you "sandwiched" financially and emotionally between an aging parent and an adult child? According to a recent study, nearly half of Americans in their 40s and 50s have a parent aged 65 or older and are either raising a young child or financially supporting a grown child (age 18 or older.1 Among this group, 15 percent are providing financial support to both an aging parent and a child.

 
 
 

 

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