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As people in Asia live longer and women have children later in life, a rising number of adults are simultaneously caring for young children and ageing parents—a phenomenon long recognised in other parts of the world as the growth of the "Sandwich Generation". This new research by the Economist Intelligence Unit and sponsored by Fidelity International shows one in five working-age Asians is now a member of this cohort. These people are typically aged 30 to 45, married, and supporting one or two children and two parents or parents-in-law.
These findings are among the results of a survey of 700 people in Australia, China, Hong Kong, Japan, Singapore, South Korea and Taiwan. The aim of the survey, which was conducted by the Economist Intelligence Unit in March and April 2010, was to ascertain how the burden of supporting parents and children affects the decisions of working-age adults in relation to their disposable income and investment/saving behaviour.