Grandparents by the numbers

Grandparents by the numbers

* The average age of a first-time grandparent is 50. Some can be as young as 38.

* Grandparents are more likely to work than people in their same age group who don't have grandchildren.

* On average, grandparents spend about 7.5 hours every week with grandchildren. If they live within 20 miles, they spend 12.6 hours per week.

* About a third of grandparents provide financial support for their grandchildren. The closer they live to their grandchildren, the more they provide.

* Grandfathers provide more financial support than grandmothers.

* About 70 percent of grandparents plan to purchase something to help their grandchildren. Among the top purchases: car seats, cribs, chairs and clothing.

* Grandparents are happy. About 3/4 of grandparents say they feel fulfilled in life.

Stats: AARP, 2020