One in every four American adults is a grandparent, according to a new study. The number of grandparents is projected to grow rapidly over the next decade--from 65 million in 2010 to 80 million in 2020--as growing numbers of baby boomers become grandparents.
Most of today's grandparents are aged 45 to 64. As the baby-boom generation ages, however, so will the nation's grandparents. And when do people become grandparents? The median age of new grandmothers is 50. The median age of new grandfathers is 54.
Source: MetLife Mature Market Institute, The MetLife Report on American Grandparents
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