Caregiving for both kids and parents often means retirement savings are cut, with over half of the sandwich generation reducing or stopping their savings during prime earning years. The Sandwich Generation Is Bigger Than You ThinkApproximately one in four Americans falls into the sandwich generation: caring for a child under 18 and an aging parent. Sandwich Savers Are Missing Out Big TimeMissing even a few years of retirement savings can be a huge loss, as savers miss out on compound growth. Around 46% of Millennials are part of the sandwich generation, and 18% of Gen X. For households already managing rising housing costs and inflation, retirement savings are often the first to go.