2013 Conference

Other

This paper investigates the adequacy of economic and financial resources for grandparents who are raising their grandchildren. 

Financial Services

In this paper, we use qualitative data gained from interviewing grandparents who are raising their grandchildren.  The purpose of the study was to investigate the adequacy of economic and financial resources for these grandfamilies.  Results indicate hardships for many of the grandparents interviewed, especially in finding governmental services to help them, maintaining or increasing work hours, stretching dollars that were planned to cover only the grandparents' retirement needs, and general financial stress for these grandfamilies. Grandparents receive help from their own work efforts (both in the workplace and in household production), governmental programs, their own work efforts, community non-profit programs, friends, and other family members.