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The Sandwich Generation — Transcript

by MoneyTrackTV · 935 words · 135 segments · language en · Watch on YouTube

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  1. 0:05does this Pace seem familiar for so many
  2. 0:08of us the everyday routine can feel like
  3. 0:11a game of Beat the Clock squeezed
  4. 0:14between children struggling to grow up
  5. 0:16come George got to go and parents
  6. 0:18struggling to age with dignity good to
  7. 0:21see you welcome to the sandwich
  8. 0:28generation Bob Turner left for work well
  9. 0:31Before Dawn Georgie but for 57-year-old
  10. 0:33jeie Turner Wy wakey eggs and bakey this
  11. 0:37is just a typical day a tug of war
  12. 0:40between Time Love and Money time to get
  13. 0:44up buddy school
  14. 0:45day it's just 6:30 but in 15 minutes
  15. 0:49It'll be time to leave for school you
  16. 0:51don't get much sleep no I 2 to 5 2 to 4
  17. 0:55hours a night so if you're in the
  18. 0:57sandwich generation which part of the
  19. 0:59sandwich are you I'm in the middle I'm
  20. 1:01in between the bread and the and the
  21. 1:03meat one in every eight Baby Boomers
  22. 1:06between the ages of 40 and 60 is both
  23. 1:09raising a child going to have a good day
  24. 1:11today hope so and caring for an aging
  25. 1:14parent that's a great picture of you and
  26. 1:17Henry on your wedding day and it's
  27. 1:19because of two things boomers are opting
  28. 1:21to have children later in life while at
  29. 1:23the same time their parents are living
  30. 1:25longer lives hence the squeeze it's both
  31. 1:29emotional and financial so do you lie
  32. 1:32awake at night are you at the clock M
  33. 1:35kind of a panicky feeling sometimes the
  34. 1:37greatest trials for me is taking care of
  35. 1:40that second family of of of children and
  36. 1:44my mom is a time away from my job so
  37. 1:47here's Bob Turner selling printing jobs
  38. 1:50on 100% commission and I'm used to
  39. 1:53working 7 days a week 10 hours 12 hours
  40. 1:56a day and then all of a sudden finding I
  41. 1:59I couldn't work that um my income went
  42. 2:04down dropping from a cushy
  43. 2:08$180,000 a year to just 80,000 and the
  44. 2:11401K the IRAs they've all been
  45. 2:14disappeared too even the family's rainy
  46. 2:17day fund has been tapped who prepares
  47. 2:19for a real
  48. 2:21emergency you know that sneak up on you
  49. 2:24a parent that's 94 years old that that's
  50. 2:28in a nursing home kids that are
  51. 2:30teenagers that are very
  52. 2:33costly now it's high noon and jeie is
  53. 2:37heading out to visit her mother-in-law
  54. 2:38Bernice the Beloved matriarch of the
  55. 2:41Turner family Bernice outlived her own
  56. 2:44finances years ago her living expenses
  57. 2:47and medical bills drained a fair chunk
  58. 2:49of the Family Savings now a stroke has
  59. 2:52put her permanently in a nursing home
  60. 2:55jeie and Bob make it a point to see her
  61. 2:57every day are you tired are you going to
  62. 3:00go back to bed are you adding to the
  63. 3:03pressure of being caregivers is the
  64. 3:06stress of navigating the complicated and
  65. 3:09convoluted language of Social Security
  66. 3:12insurance policies Medicare Medicaid
  67. 3:15it's all about paperwork I have learned
  68. 3:17that Medicare and Medicaid change and
  69. 3:19they change their policies and unless
  70. 3:21you keep up with that the bills never
  71. 3:23stop coming
  72. 3:24in it's late afternoon when jeie starts
  73. 3:27to get dinner together her thoughts it's
  74. 3:29never far from George and Shea the
  75. 3:32children Bob and Genie adopted 12 years
  76. 3:34ago who are costing the couple a lot
  77. 3:37more than they ever expected but love
  78. 3:40doesn't have a price tag especially in
  79. 3:43this case they were both severely abused
  80. 3:46they were homeless both the children
  81. 3:49have uh bipolar disease and and our
  82. 3:52daughter has reactive attachment
  83. 3:53disorder a very very serious U mental
  84. 3:56illness we go to psychiatrist once every
  85. 3:593 months psychologist once a week and
  86. 4:01have for 12 years and we pay out of our
  87. 4:03pocket for that Shea is currently
  88. 4:05serving time in jail on felony charges
  89. 4:08an outcome of her mental illness
  90. 4:11sometimes life's choices seem less
  91. 4:13sandwich more vice grip we're trying to
  92. 4:16get her mental help which is very
  93. 4:19difficult it's
  94. 4:21all almost too
  95. 4:24much I'm
  96. 4:27sorry wondering who will will be there
  97. 4:30for them as they age Genie and Bob are
  98. 4:33learning the hard way how to best
  99. 4:35prepare for the unknown organization is
  100. 4:38key just legal things have to be in
  101. 4:40order you need power of attorney you
  102. 4:43need medical power of attorney you have
  103. 4:45to have your bank statements your birth
  104. 4:47certificate death of a if your spouse
  105. 4:50died nothing will get done unless you
  106. 4:52have these these records in Play It's
  107. 4:55the sandwich generation for which this
  108. 4:58is especially important Memorial Parks
  109. 5:00burial plots headstones all the things
  110. 5:04that you don't want to talk about when
  111. 5:05your parents are alive are things that
  112. 5:06are really important to have in play in
  113. 5:09case something God forbid should happen
  114. 5:12good to see you it's quter to 7 to see
  115. 5:16you a rare moment to relax with family
  116. 5:18and friends Cheers Cheers reaching out
  117. 5:22for support is
  118. 5:24crucial sharing the good times great
  119. 5:28expectation great expect hey all right
  120. 5:31and the not so good with people who
  121. 5:34understand I think it's it's the only
  122. 5:36way to get through it is to have a
  123. 5:39support system friends family neighbors
  124. 5:42whatever it takes a sense of humor
  125. 5:45doesn't hurt either we always tease
  126. 5:47people that we'll be working when we're
  127. 5:4890 Walmart if you need a greeter here we
  128. 5:51are I'm never going to give up so
  129. 5:54tomorrow I'm going to take Georgie to
  130. 5:56school uh I'm going to go to the nursing
  131. 5:58home to see your mom me meanwhile the
  132. 6:00clock is ticking it's getting late time
  133. 6:03to get organized and get some sleep for
  134. 6:05the sandwich generation tomorrow starts
  135. 6:08early as usual

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