FINANCIAL MAKEOVER

A 'Sandwich Generation' Problem

By BILL LOSEY

Name: Michelle
State: New York
Income: $119,000 a year
Net Worth: $250,000 (before a divorce settlement becomes final)

Occupation: Dean of arts and sciences

Issues: Michelle, 46, was divorced a few years ago. Under the terms of her settlement, she has to pay $700 a month in alimony to...

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