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Retirement rush for busy grandparents
Many grandparents in the United States are providing extensive unpaid care for their grandchildren, spending over 500 hours annually and contributing an estimated $904 billion to the economy through direct support and caregiving. This trend is driven by rising childcare costs and housing demands for young families, leading to increased involvement of older adults in childcare responsibilities. While most enjoy their role, some report feeling unappreciated and physically exhausted, highlighting the significant personal and economic impact of grandparent caregiving.
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