#251 - Prepare For The Sandwich Years Of Caring For Children And Aging Parents

In this episode of the Money Boss Parent Podcast, I explore the challenges of the "sandwich years," where many of us find ourselves caring for both our children and aging parents.

Joined by Abbe Large, Managing Director at Lennox Advisors, we discuss the financial and emotional complexities of supporting two generations at once. Abbe shares her personal experience of caring for her father while balancing her own family, highlighting how proactive financial planning with tools like life insurance, long-term care, and disability policies can ease the burden.

We also touch on strategies for managing stress, setting boundaries, and starting difficult conversations with aging parents to ensure a smoother caregiving journey.

Join us for this insightful conversation filled with practical advice, personal stories, and actionable strategies that can help you navigate the sandwich years with confidence.

Anna's Takeaways:

• Intro (00:00)
• Abbe's Personal Experience with the Sandwich Years (01:12)
• The Importance of Financial Planning (03:25)
• Breaking the Chain of Financial Silence (13:08)
• Balancing Personal and Family Finances (23:45)
• Estate Planning and Legal Documents (24:47)
• Navigating the Sandwich Generation (28:54)
• Resources and Tools for Financial Planning (32:40)

Meet Abbe Large:

Abbe Large is a Managing Director at Lenox Advisors with three decades of experience dedicating herself to her clients' best interests. Abbe's personal experience with her father's pancreatic cancer journey ingrained how important the products and services she provides to her clients truly work. Specializing in financial, estate, and retirement services, she also assists corporate clients with strategic employee benefits. She was named on Forbes's Top Financial Security Professionals in both 2023 and 2022. A devoted family woman and active community member, she enjoys paddleboarding, skiing, and maintaining a healthy lifestyle.

Disclosures: *Riders are available at an additional cost. The products and/or certain features may not be available in all states. State variations will apply. Pending Expiration of TCJA**

Rate, Review, & Follow on Apple Podcasts

1. Money Boss Parents! Welcome to Anna's Money Boss Parent podcast, your go-to resource for mastering money management while raising a family. Join me as we explore practical tips, expert insights, and inspiring stories to help you achieve financial success and create a brighter future for your loved ones. 

1. Don't forget to subscribe, rate, and review the show to support our mission of empowering parents like you to take charge of their finances and build a prosperous life for their families. Let's thrive together on this incredible journey!

Links mentioned in this episode (can you please embed the links?)

1. FREE GUIDE- Kid Money Boss: School isn’t teaching my son about Money. It’s up to us Parents. Here are 9 tools I am using to team my son, everything I never learned as a kid.

Guest website:

Website: https://www.lenoxadvisors.com/About/Our-Team/Individual-Details/advisor/Abbe-F-Large

Email: [email protected]

LinkedIn: https://www.linkedin.com/in/abbelarge/

Podcast Episode: The Root Of Our Health: How To Live Financially Well With Abbe Large

Podcast Episode: LifeBlood: Protect Your Family with Abbe Large