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GRANDPARENTS ARE PROVIDING
$370.7 BILLION IN FINANCIAL SUPPORT TO THEIR GRANDCHILDREN, ACCORDING TO METLIFE MATURE MARKET INSTITUTE SURVEY
Economic Downturn Has Spurred Giving
Almost two-thirds of America’s grandparents have provided financial support to their grandchildren during the last five years, 40% for general purposes and 26% for education, according to the MetLife Mature Market Institute’s QuickPOLL, Grandparents: Generous with Money, Not with Advice. The average amount provided was $8,661, or about $370.7 billion total in the last five years. One-quarter (25%) say the economic downturn has caused them to increase the help they give to their grandchildren.
The 2009 Grandparents Poll revealed that grandparents prefer to help their children and grandchildren while they are alive, rather than leaving a lump sum in a will, an interesting phenomenon.
In addition, the data indicates that those with less income and net worth are giving a Read the rest of this entry »
Seniors have a perspective and experience that should be sought out and celebrated, but often in today’s world they are neither seen nor heard.
That’s why this press release from the The Fountains at Millbrook retirement community (whose slogan is ” UNretirement living”) caught our eye:
Millbrook, NY, April 21, 2010 Six local moms with years and years of experience are among 150+ mothers nationwide who are speaking out in time for Mothers Day. Even though they raised their own children decades ago, the sage advice of these moms is just as meaningful today as it was some sixty years ago. In between managing todays hectic family schedules, working, carpooling, cooking PLUS diaper changes, young moms in 2010 can use all the advice they can get. ..
You’ll find a few nice snippets on the Fountains website.