Adult kids moving back home and needing help with their own children is most likely a temporary issue for most families. But personal care giving for elderly parents—not just financial support—is the blow few may have seen coming. The need will only rise over time, compounded by a soaring divorce rate among retirees that leaves many alone even before their spouse passes away. The divorce rates for couples over 50 has doubled the past 20 years, reports the National Center for Family and Marriage. Many of these gray divorcees say they have no plans to remarry, and thus they forego the likeliest and cheapest caregiver they’d ever find.
The sandwich generation: Taking care of kids -- and parents