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Meet the ‘sandwich generation’: Gen Xers are burnt out and stressed about money [bankrate.com]

 

By Alex Gailey and Tori Rubloff, Photo: FG Trade/Getty Images; Illustration: Hunter Newton/Bankrate, Bankrate, July 24, 2023

Eric Broussard-Bueno, a 47-year-old property manager in Lake Charles, Louisiana, knows financial anxiety all too well.

In 2007, Broussard-Bueno left his 9 to 5 government job to become a part-time caregiver for his mom, who was on a double lung transplant list. He said he walked away from a stable job with a “great salary and retirement benefits” because he believed that America’s economic strength was “infallible and exponentially growing.” By 2008, the economy was in a full-blown recession.

“I initially felt a tremendous amount of regret and extreme stress and anxiety after walking away from a fantastic and secure government job,” he said. “In 2009, I must have applied to and reached out to hundreds of positions. In some cases, I was informed that I was one of 3,000+ applicants. It was definitely, initially a huge shock to the system.”

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