It is frightening. Of course, I am old enough to remember when old people moved in with their children, and the children supported them. Maybe that will happen again.People did take care of each other at one time. I'd prefer to have enough saved so that I am not forced to live with my children or have them support me. My parents felt the same way and were always adamant that they didn't even want to live with us. It simply wasn't on their list of choices, though if they had been forced to because that was all they could afford, I imagine they would have done it.Even today when my dad is almost 86, my brother and I keep telling him that he could live with us if he wants to. He simply does not want to do that.I would prefer that there still be a choice for both the parents and children, and I think that by setting aside for my retirement, I wlll have that choice. But to me, it's about having and making a choice, and I am not convinced that what was done in the past was because people wanted to do that and not because they had to.
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