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WebSideStory Pick of the Week! 3/16/98

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    Sometimes we are known as "The Sandwich Generation"
    'Today's "Sandwich Generation" has a unique financial burden. 
    Many families not only have to provide for themselves and 
    their children, but also for their aging parents as well.'
    (quoted New York Life) 

    The Boomers' Burden
    Mellody Hobson, president of Ariel Capital Management in Chicago, said a lot baby boomers are supporting their parents and their kids at the same time. ( Baby Boomers Supporting Kids and Parents C H I C A G O, Aug. 1 — Baby boomers make up what's being called the "Sandwich Generation" because people between the ages of 45 and 55 are finding themselves wedged between financial obligations: their children's college tuition, their aging parents' living expenses, and their own retirement savings. Of the nearly 2,500 boomers surveyed by the AARP, 48 percent thought they should be doing more for their elderly parents. Meanwhile, 69 percent of those polled felt their children should help care for them in their old age, signaling that the next generation will be sandwiched too. The Social Security Administration estimates 76 million baby boomers will be retiring during this century. Good Morning America's financial contributor Mellody Hobson, president of Ariel Capital Management in Chicago, said the boomers' burdens evolved, children. Strained Resources "When their children are teenagers and ripe for college, their parents are well into their 70s or 80s, and they need help themselves," Hobson said. So the boomers often find themselves simultaneously looking at college campuses and nursing homes. The situation is further exacerbated by the fact that boomers tend to be big spenders and have racked up both credit card debt and hefty mortgages, perhaps in defiance of their scrimping and saving parents, who were forced into frugality during the Depression. "Many boomers live beyond their means, sacrificing their financial futures," Hobson said. "That means children and parents become a strain on already strained resources." To Read The Full Story Go to the sources Boomers Burden-ABC
  • Age Venture Net! News, Trends, Advise From Dr. David Demko.
  • Administration on Aging information designed for Older Americans and their families as well as those concerned about providing the opportunities and services to enrich the lives of older persons and support their independence.

  • Administration on Aging
    Web Sites on Aging.

  • Agism Prejudice against older adults through attitudes and behavior.

  • Ageless Design Dedicated to creating smarter, safer living for seniors.

  • Aging in America Our Heritage of Wisdom project is a series of 36 original pencil drawings by artist Jim Branscum dedicated to honoring the humanity, dignity and contributions of older Americans, and increasing Legislative and Public Awareness of Aging Concerns.

  • American Society on AgingEnhancing the knowledge
    and skills of those working with older adults and their families.

  • The American Association of Homes
    and Services for the Aging (AAHSA)

    is the national nonprofit organization
    representing over 5,600 non-profit
    nursing homes, continuing care
    retirement communities, assisted-living,
    housing and community service organizations
    for the elderly.
  • Assisted Living Federation of America
    The largest trade association exclusively
    devoted to the Assisted Living industry
    and the population it serves.

  • Touching Real Life Story of a caregiver 
  • Links and Reources For Caregivers 
  • Ageing With Dignity
    Best known for its highly successful Five Wishes®
    advance directive for family.  
  • US Living Will Registry 
  • Can Do
    A centralized online resource and Web destination
    that delivers hard-to-find product, resources
    and information that inspires greater independence
    and better daily living for people with disabilities
    and their support circles.

  • Childsecure.
    Check this site out if you are grandparents or
    about to become one!

  • Empowering Caregiver's Empowering Caregivers is a Highly acclaimed site featuring resources for caregivers: chats, newsletter, healing circle, journal exercises & more to assist you and your loved ones with options, healing, and love. A gift for you.

  • Cancer News on the Net Dedicated to bringing patients and their families the latest information on cancer diagnosis and treatment.

  • Eastern Agency on Aging Maine's best source on information, options & services for people as they grow older.

  • Eldercare Web a on-line sourcebook with thousands of reviewed links to on-line information about health, financing, housing, aging, and other issues related to the care of the frail elderly.

    Home of the Canadian Association of Retired Persons.

  • Find a Fund
    The most complete source of mutual fund information on the internet.

  • Friendly 4 Seniors

  • Health Care Financing Administration
    The federal agency that administers the Medicare, Medicaid and Child Health Insurance Programs.

  • Joint Commission
    Accreditation Of Healthcare Organizations.
    An independent, not-for-profit organization, the Joint Commission standards-setting and accrediting
    body in health care.

  • Health Advocate for Older People
    Promoting better housing, health care and quality of life for all senior citizens residing in New York City.

  • MedQue Home Health & Medical Supply Dedicated to providing patients, consumers and healthcare professionals a convenient on-line method of ordering their medical supply needs.

  • New Life Styles Senior's Web Resources.

  • National Council on Aging
    Organizations and professionals dedicated to promoting the dignity, self-determination, and well being of older persons.
  • National Hospic Organization
    The largest nonprofit membership organization representing hospice and palliative care programs and professionals in the United States. The organization is committed to improving end of life care and expanding access to hospice care with the goal of profoundly enhancing quality of life for people dying in America and their loved ones.
  • Relocation Mall Your relocation guide for easy moving.

  • Retire.Net

  • Self Improvement Online The definitive web guide to personal growth.

  • Senior Arts and Systems Prevent drug misuse in seniors.

  • Senior Corps The National Senior Service Corps helps people age 55 and older find service opportunities related to their interests and close to home.

  • SeniorNet SeniorNet's mission is to provide older adults education for and access to computer technology to enhance their lives and enable them to share their knowledge and wisdom.

  • For housing and lifestyle choices, & how to pay for them.

  • Alzheimer's Disease articles:
    Testimony of MICHAEL TANNER - CATO Institute

  • Several links to health! and various health related sites.

  • Transitions, Inc. Elderly care consulting.

  • Whole HealthMD Net Providing the best in complementary, alternative medicine.
  • USA Healthcare Online resource for quality healthcare.

  • Vintage Philadelphia's largest monthly magazine for active adults!


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