Forty percent of middle-aged #Koreans are part of the #so-called "#wedge #generation" as they are sandwiched between having to support elderly #parents and unmarried #adult #children #simultaneously.

Forty percent of middle-aged Koreans are part of the so-called "wedge generation" as they are sandwiched between having to support elderly parents and unmarried adult children simultaneously. The average cost of providing this support surpasses one million won per month, which is six times greater than the financial support these parents receive from their adult children. In response, the government has proposed stabilizing jobs and housing for adult children and strengthening the public income support system for senior citizens to create a culture of support for self-reliant retirement.