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ERIC Number: ED508140
Record Type: Non-Journal
Publication Date: 2009
Pages: 7
Abstractor: ERIC
Reference Count: 0
ISBN: N/A
ISSN: N/A
Grandparents: Generous with Money, Not with Advice. A MetLife QuickPOLL of American Grandparents
Metropolitan Life Insurance Company
In May 2009, the MetLife Mature Market Institute conducted a nationwide survey of grandparents age 45 and older with grandchildren under the age of 25. This survey examined their attitudes and behaviors toward providing financial assistance and advice to their grandchildren and what effect the current economy is having on the assistance they are providing. Generally, grandparents today take an active and generous role in providing financial assistance to their grandchildren--and often even increase their giving as the economy puts additional strains on their grandchildren and their own personal situation. Grandparents appear to prefer to step in earlier with smaller amounts of support rather than to provide a larger legacy later. Key findings of the survey are presented herein. (Contains 3 figures.) [This report was prepared by the MetLife Mature Market Institute.]
Metropolitan Life Insurance Company. 200 Park Avenue, New York, NY 10166. Tel: 212-578-2419; Fax: 212-578-0617; Web site: http://www.metlife.com/about/corporate-profile/citizenship/metlife-foundation/metlife-survey-of-the-american-teacher.html
Publication Type: Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Metropolitan Life Insurance Company