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Retirement
Your children can be your plan for retirement
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[QUOTE="Rachael, post: 229567, member: 68963"] This is mostly the mentality of those in the under developed country although they are now breaking the bias. Depending on your children as a retirement plan is a deficit way of thinking which would offer no good. No doubt, the child is the father of the man but it is important that parents should not lay all their burden on the children because if things were that easy, they should have a means of survival after retirement. Putting all the hopes on the children has brought about serious family conflict when effective planning could have been engaged to avoid all of these. The child would always take care of his or her parents according to his or her financial strength but it should not be under some sort of pressure. The state of the economy is very appalling and everyone is trying to survive, putting all the pressure on the children is not the ideal thing to be done and most parents who engage in this habit are those who do not even have any investment they willed to their children. The fact that you have children is not a valid excuse to make their lives burdensome. Remember, they too would have responsibilities to cater for. [/QUOTE]
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Your children can be your plan for retirement
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