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Modern Grandparenting

A recent survey conducted by Good Housekeeping found that grandparents today consider themselves more involved and better connected with their grandchildren than previous generations. Modern grandparenting is enriching lives of all ages, with exceptional improvements in five key areas.

Modern grandparents have embraced technology to connect with grandkids when they can't be together in person. In fact, 81% of grandparents today say that tech such as video-chatting has strengthened their relationships with their grandkids.

Today's grandparents believe they're open and adaptable to societal changes. Of those surveyed, 68% consider themselves "cooler" than previous grandparent generations.

Baby-boomer grandparents consider themselves more energetic than their own grandparents were. But even though they may feel younger than their grandparents, they're likely to be chronologically older.

Grandparents today are more involved in their grandchildren's daily lives than previous generations. Approximately 7.8 million children live in multi-generational homes, and more than 2.5 million grandparents are their grandkids' primary caregivers. Even grandparents who don't live with their grandkids are taking on more childcare responsibilities as it becomes more common for both parents to work full time.

Children and grandchildren receive more financial support from their grandparents than previous generations. An AARP survey found 94% of grandparents provide some financial assistance to their grandchildren. About 25% of those have cosigned private student loans, and 7% have taken on debt to help their grandchildren pay for college.


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