In this episode, we’re joined by Rachel Rasmussen, MBA, CFA, CDFA®, Investment Manager and Shareholder, and Megan Lyons, CFP®, Financial Planner. They discuss the financial and emotional challenges of the sandwich generation — those balancing the care of aging parents while supporting their children. They explore how cultural expectations, financial planning, and clear communication shape caregiving responsibilities.

Key Takeaways:

(00:26) The sandwich generation faces financial and emotional pressures.

(00:59) Cultural and generational factors shape caregiving expectations.

(04:49) Transparency in financial discussions fosters better planning.

(07:42) Setting clear parameters helps determine aging-in-place options.

(12:55) Sibling coordination prevents future conflicts in caregiving.

(16:57) Major life changes signal the need to review estate documents.

(18:14) Aging parents should ensure their helpers span generations.

(20:32) Downsizing possessions can ease transitions for loved ones.

(23:56) Open conversations about care plans reduce family stress.

Resources Mentioned:

A Place for Mom | Website -

https://www.aplaceformom.com/

Marie Kondo’s "The Life-Changing Magic of Tidying Up" -

https://www.amazon.com/Life-Changing-Magic-Tidying-Decluttering-Organizing/dp/1607747308

Connect with Rachel Rasmussen & Megan Lyons:

info@fosterandmotley.com

+1 513-561-6640

Foster & Motley -

https://www.fosterandmotley.com/

LinkedIn: Rachel Rasmussen, MBA, CFA, CDFA®

https://www.linkedin.com/in/rachel-rasmussen-cfa-cdfa/

LinkedIn: Megan Lyons, CFP®

https://www.linkedin.com/in/meganlyonscfp/

LinkedIn: Foster & Motley, Inc.

https://www.linkedin.com/company/fosterandmotley/

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