"Grandparents
may be threatening their retirement by their generous support of
grandchildren, a study suggests. Sixty-two percent of grandparents have
given money to grandchildren
in the past five years, totaling more than $8,000 on average, according
to the MetLife Mature Market Institute study. One-third said they think
their support may threaten their own financial security." read details at: http://seniorhousingnews.com/2012/10/10/the-grandparent-giver-generous-to-the-point-of-retirement-insecurity/
To read the full MetLife study: https://www.metlife.com/assets/cao/mmi/publications/studies/2012/studies/MMIGrandparentsStudy_WEB.pdf
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