Source: Carol Morello, Washington Post ( Free Registration )

More parents are providing significant financial support for their adult children even as they cope with the needs of their own aging parents, according to a new survey of the middle-aged “sandwich generation.”

The twin financial and emotional burdens on the one in seven Americans who are squeezed between their children and their parents have mounted since the recession, the Pew Research Center said in a report to be released Wednesday. In 2005, 20 percent of all middle-aged parents were the primary source of financial support for a grown child. Now, 27 percent of parents fit that description.

Read Full Article: Sandwich generation takes a hit supporting adult children and aging parents