Generations United's Statement. We partnered with CFED and Citi Community Development to get a better understanding of grandfamilies, their financial lives and how the available resources can better serve them. The findings are included in our report, The Resounding Resilience of Grandfamilies: Financial Stories from Older Relatives Care for Children in Lower-Income Communities.

The report, based on interviews from 20 grandparent caregivers in Chicago and Trenton, NJ, includes stories of sacrifice. For many caregivers, sacrificing for the children meant giving up a life they envisioned. For others, these sacrifices meant giving up on thinking about the future (retirement, etc.).

The Resounding Resiliency of Grandfamilies also highlights opportunities to help improve the financial situation of grandfamilies – from empowering caregivers to reach their financial goals, to seeking ways to build the capacities of caregivers’ social and family networks to financially support grandfamilies, to continuing to learn more about the financial lives of grandfamilies.