
The number of people supporting their children as well as their parents is growing, reducing their ability to save for emergencies, a study shows. This is one of the research findings of this year’s Old Mutual Savings and Investment Monitor. The full results will be released next week. In fact, 25% of all working metropolitan South Africans now fall into this Sandwich Generation category, the highest percentage since the Monitor’s launch in 2009, the researchers said in a statement. The financial consequence of having two generations of dependants is starkly revealed by the …