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Sandwich Generation looking for help balancing financial and family responsibilities

Posted: 6:01 AM, Jun 19, 2019
Updated: 2019-06-19 18:24:50-04
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CLEVELAND — While millions of Americans are caring for three generations of their families, Dawn Moeglin was looking after four generations.

"I said I was a double-decker-sandwich-generation at one point, with young children, myself, a mother and a grandmother that all needed services," Moeglin said.

Across the nation and in northeast Ohio, the price tag for that kind of care is high and growing.

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Genworth's cost calculator shows the estimated costs of various forms of care in 2018, and projected costs in the next 10, 20, and 30 years.

Look up the cost for care in your region here.

Experts say since the costs are only expected to increase as time goes on, seek out a financial planner or trust attorney to help figure out how to pay for it.

Moeglin said caregivers need help not only paying for the care but shouldering the responsibility that comes with caring for aging family members.

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Americans are often saddled with having to financially support their own parents while also saving for or paying for their childrens' higher education.

"Find the support that you need to do what you have to do which means taking a break and letting somebody else tackle the burden for you," Moeglin said.

Moeglin's organization, Vantage Aging, helps people find that assistance.

They connect people in Summit, Stark and Wayne Counties with in-home care or services like Meals on Wheels, which not only provide food for elderly residents but checks in on them too.

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Vantage Aging is one organization that works across county lines to get residents the assistance they need.

Moeglin said it can be the helping hand caregivers care to make sure they don't burn out.

"You're no good to anybody if you're so worn out that you're short-tempered or you're losing your patience or you're frustrated," Moeglin said.

If you need help in Summit, Stark, or Wayne Counties, click here.

If you need help in the greater Cleveland area, click here.