Poverty News & Analysis

Grandparent-Headed Households Face Financial Struggles in Retirement

According to recent studies, grandparent-headed households are more frequently living in poverty, affecting millions of families. This demographic shift may lead to increased financial strain on retirees who are raising their grandchildren. The implications for consumer spending and social services could be significant as this trend continues. Grandparents taking on this responsibility could face rising costs, impacting their financial stability.