Financial Assistance for Grandparents

Posted on Feb 14, 2008 in Grandparenting

“We had our retirement planned - the four-wheel drive and the caravan - trips away and time to enjoy family without the pressure of work. Suddenly there were three children to care for with all the costs of clothes, school, medical expenses and everything. Our budget just wasn’t going to stretch that far …we had to completely re-think our lives”

Introduction

Raising grandchildren can be a costly business and there is no doubt you have not planned for this situation in your older age. Plans for retirement might need to change: you may find you need to retire early to cope with your new life – on the other hand you might choose to keep working longer due to the added costs of raising…