Grandparents Spending on Families

Today’s grandparents—early-wave Boomers and Silent—were largely spared the worst of the recession. So what are they going to do with their wealth? Spend it on their families. A recent study from MMGY Global found that 40 percent of all leisure travelers took at least one multigenerational trip from 2011 to 2012 (see: “The New Senior Traveler”). During t…