its a good way to avoid ending up on the street...you'll always be able to get room and board with your kids.
Since our generation won't get any social security or pensions to live off, we are going to need all the help we can get if things go south.
She responded that she had eight retirement plans, and I was the oldest.
Be nice to your kids, and hopefully they will give you room and board in case of emergency -- but I've tried to help my parents many time only to regret it.
So try to avoid beating them for fun...and you'll be fine.
I'm not talking about relying on your kids to pay your bills etc...but more of an extreme situation where you are just making sure you don't end up begging on the streets
In my view, kids are not investment. They take out much resources from you, and you do so willingly because you love them. As they get older, they may or may not show appreciation, depends on your relationship with them.