Grandparents Sacrifice Retirement to Raise Grandchildren Amid Financial Strain
Vicki and Sal Parisella, like many grandparents in the U.S., have taken on the responsibility of raising their grandchildren due to various family circumstances. This trend is growing, with over 1.1 million grandparents aged 60 and older stepping into parenting roles. The Parisellas, who live in Lakeland, Florida, have been raising their granddaughters since their daughter's relationship ended in 2017. Despite financial challenges, including relying on food banks and facing eviction, they are committed to providing a stable environment for their grandchildren. The couple's story highlights the broader issue of grandparents sacrificing their retirement plans and financial security to prevent their grandchildren from entering the foster care system.