No. of Recommendations: 0
What happened to the days when children were their parents' retirement fund?

Didn't that pretty much end with multi-generational homes and World War II?

While helping my mother with her genealogical research, I discovered that most of our ancestors lived in multi-generational homes with their parents and, in some cases, with their grandparents. These housing and support arrangements, essentially, ended with the start of World War II. After the war, there was a tendency for children to move out of their parents' homes and out of the communities in which they were raised. Obviously, it is a little more difficult to provide support for your aging parents in retirement when you live thousands of miles away.
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.