Multi-generational Households: Financial and Emotional Building Blocks

A sandwich generation is a middle-aged adult child normally 35 to 59 years old. They usually take care of elderly parents and young children under the same roof. Many generations living under the same roof are common in other countries such as South Africa and India, until recently it has been reintroduced in the United States. Factors such as today's economic situation, housing foreclosure, decline in the employment market, single parent families, increased life expectancy, are some important factors driving the growth of multi-generation households in the United States.

Of the 49 million Americans living in multi-generation households, 47% live in families of two generations of adults of the same family (youngest is over 25 years old). Among families with more than 3 generations of families, 6% are "skip" families of grandparents and grandchildren, but parents do not. Generation families are not the only growth area in the nationwide living environment. In the past century, the diametrically opposite family - one family - also steadily achieved a long-term rise. In 1900, only 1.1% of Americans lived in such families. By 2008, this proportion rose to 10.3%.

According to the analysis of the 2009 census data by the current Census Bureau of the Pew Research Center, approximately 18.8% of immigrant families in the United States live in multi-generation households compared to 14.2% in rural households. Interestingly, however, among the two largest ethnic and ethnic immigrants groups in the country - Hispanic and Asians - the family born out of these groups is more generational family than the foreign-born family There is a trend. A

A family with a large family is a family without family members, such as a family belonging to a family of multiple generations in the same family, or an aunt, uncle, prostitute, nephew, and cousin. In many cases, especially in African-American homes, these families are female householders, but this characteristic is not common in Hispanic or Asian American homes. In our sample, not only large family households with many female household heads, but also many families are not particularly attractive, and less than 50% of the family is an adult male.