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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.
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