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The Sandwich Generation’s struggle to retire

The ‘Sandwich Generation’ is the term typically used for the Baby Boomers who are being ‘squeezed financially’ by both their children (who are living at home longer) and their elderly parents, who also may require care and financial support.

These pressures are making it very difficult for this so-called ‘Sandwich Generation’ to retire comfortably. I was recently interviewed by various radio stations on this topic.

Please see below for my comments.

Part 1 – where I talk about the pressures this Generation experiences

Part 2 – where I talk about some of the ways you can improve your financial position

NOTE: Please ignore the incorrect reference to my website in Part 2. The correct one is obviously!

About Yves Schoof

I specialise in medical financial planning and coordinating the financial affairs of medical professionals. I have been recognised as one of the Top 10 financial planners in Perth and Australia. I am a Certified Financial Planner and member of the Financial Planning Association of Australia.

As I understand your time is extremely valuable and scarce, I am able to offer flexible meetings times, including outside business hours and during the weekend. I can even come and meet you somewhere convenient, or talk via videoconference on Skype.

My first consultation is free. I allocate up to 90 minutes to discuss your personal circumstances and to establish how I may best assist you. Where you already have an existing adviser, I would be happy to offer a second opinion. I always quote a fixed dollar fee before we start working together.

Please contact me on or call me direct on 08 9381 2704. You can follow me on Twitter @YvesSchoof or connect with me on Linkedin to receive new articles.


Yves Schoof and Affluence Private Wealth are Authorised Representatives of Synchron, AFS Licence No. 243313. The information posted is intended to be general in nature and is not personal financial product advice. It does not take into account your objectives, financial situation or needs. Before acting on any information, you should consider the appropriateness of the information provided and the nature of the relevant financial product having regard to your objectives, financial situation and needs. In particular, you should seek independent financial advice and read the relevant product disclosure statement (PDS) or other offer document prior to making a decision.

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