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Reply to "Parents expecting kids to be their retirement? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It is pretty common in Asian cultures. We have friends born in both China and Korea who took in and supported their parents, but they don't expect their first generation American children to do the same. That said, at least at the beginning they also got free labor. [b]The parents acted like nannies, cooked and made meals so if you take into account the number of years they did that, they paid for part of their retirement with free work[/b].[/quote] +1 Can you imagine what that free help would have cost, if they had to pay for it? I don't think people who have free help often realize how lucky they really are, and how many tens or hundreds of thousands they are saving. [/quote] This. Im russian and our family is the same. While my parents are lucky to have been able to build good careers and savings after immigrating, if need be i will have them live with us either in our house or buy a bigger house for all. Same with my inlaws. My mom has helped us so much with the kids and making meals and before that paying for my college and wedding etc. Pre-covid they took the preschooler for weekend the weekend and sent her home with hot lunch meal for the week and maybe a favorite dish of mine just for me. [/quote]
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