Maybe in Asia, this "taking care of elderly" mentality is strong. Here in States, I actually think that you are on your own is more true. You can't depend on your kids to take care of you. If you do, you can still end up being on the street.
In my view, kids are not investment. They take out much resources from you, and you do so willingly because you love them. As they get older, they may or may not show appreciation, depends on your relationship with them.
I think that's been true in the past, but it's going to change as more and more college students end up moving back in with their parents after college.
In my view, kids are not investment. They take out much resources from you, and you do so willingly because you love them. As they get older, they may or may not show appreciation, depends on your relationship with them.