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This isn t the retirement I d planned : More than 2 4 million grandparents are raising grandkids

Grandparents are thrust into the role for many reasons. In some cases, parents have died, become incapacitated by illness or injury, overdosed on opioids, or been locked in prison for a crime.

What retirement? Millions of parents are raising grandchildren

Back in 1992, Cassandra Gentry was working full time and trying to finish her Master’s degree, so she could get ahead in her career and lay the groundwork for a comfortable retirement..

Social Security boost will help millions of children, too

Social Security boost will help millions of kids, too

Kids win in bump to Social Security

WASHINGTON Social Security s cost of living adjustment, otherwise known as the COLA, for 2023 is expected to be around 9% or even higher, the highest in 40 years, analysts estimate. It will be announced Thursday morning. Coupled with a decline in Medicare Part B premium, the Social Security COLA will put more money in the hands of the 70 million Americans who receive benefits, including the growing number of grandfamilies like 70-year-old Cassandra Gentry s. According to the U.S. census, in 2020, there were about 2.4 million grandparents responsible for their grandchildren.

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