Financial Tips For The Sandwich Generation By BILL SPANIEL California Society Of CPAs Are you part of the “sandwich generation”? This group, generally between ages 40 and 59, is made up of people juggling the responsibilities of raising children, the needs of aging parents or other relatives, plus their own concerns, including worries about funding a secure retirement. In fact, about half of them have a parent 65 or older and are either raising a young child or financially supporting an adult child.