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A few more interesting pieces of information

These numbers are from AARP in 2002, so I am guessing that they are even more dramatic today.

The average grandparent spends over $500 a year on their grandchildren.

40% of grandparents spend as much as $2,500 a year on their grandchildren.

45% say they assist their children or grandchildren with their living expenses.

The bad economy is only going to spur demand for loans that have no payments.

Posted by Michael Pinter on 12/02/2008 10:08 AM

Comments (2)

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2 Comments on A few more interesting pieces of information

DEC

Great correlation between what reverse does and the demographic it addresses.

DEC

Bo,

Thanks for the comment.

Michael Pinter

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Michael Pinter

Brooklyn, NY

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