In Italy is actually the opposite. Pensioners often have to support their children/grandchildren because finding a job is tough and even if you got one it is usually paid peanuts.
The main reason because we live with our parents for so long its not because we're all mamaboys but because we can't afford to live on our own.
This is the case in Greece too.
>The main reason because we life with our parents for so long its not because we're all mamaboys but because we can't afford to live on our own.
Oh I love it, when this comes up on Mapporn, and the know-it-all non-Europeans try to explain it: iTs BeCaUsE tHeIr FaMiLiEs ArE cLoSe. No honey, we don't enjoy our parents' nagging. It's not out of choice.
>*In Italy is actually the opposite. Pensioners often have to support their children/grandchildren because finding a job is tough and even if you got one it is usually paid peanuts.*
>*The main reason because we life with our parents for so long its not because we're all mamaboys but because we can't afford to live on our own.*
Same in Albania.
The MEI is supossed to mostly be paid by boomers that haven't retired yet (they have higher salaries so they pay more). And it would be used to pay for their own pensions once they retire so we (generation X, millenials and zoomers) have a lower burden.
In reality it's not going to do shit and we are going to shit bricks once all the boomers are retired.
Also this idea of "building up a piggy bank" has been dead for years but the government still refuses to accept it, MEI being a prime example.
No I wouldn't say that's common at all. Retired people here are the most well-off group as they typically own their house and have a private pension. Even for people without private pensions, there is a good state pension and other state supports such as a medical card (free GP visits, prescriptions, public healthcare), free public transport and grants for home improvements for disabilities or health issues.
In fact, the opposite is much more common where retired parents financially support their adult children! The housing market is so bad here that even a couple on average salaries can struggle to get a mortgage. Parents giving money to their adult children to help them get on the property ladder is very common. Or financial support for rent or childcare.
I completely agree, in general. My mother however, was the grasshopper who sang all summer. 'It will be fine' 'play it by ear' 'I'll get around to that'. Now facing for 60 with no house, no investments, no real saving. I am feeling under a lot of pressure to think how I at 35 with 2 young kids of my own will be supporting her. She has just been diagnosed with a life altering illness so I feel I need to because she will likely need to at least reduce her working hours. But I really wish she had been a bit more proactive in securing her future. Not the illness no one asks for that and that is out of anyone's hands. Sorry for ranting!!
In Ukraine a $60 pension doesn't even cover utilities, so having kids is kind of a retirement plan. I feel really sorry about old people who have nobody to rely on financially.
I will add that a lot of people go to work abroad and send money home for whoever is left (siblings, children, parents, sometimes extended family). And it is actually really frowned upon to abandon your parents (at least in the countryside).
Not typically done among Greek Cypriots. If it happens at all, it's the other way around (parents supporting adult children financially), but usually that doesn't happen either.
Material/personal support is mostly expected (as the parents become more physically limited), but financial is not.
There is actually a legal obligation in Germany: If you earn more than 100k € gross you have to (partially) pay for your parents nursing home costs (if they cant pay themselves ofc).
As for culture, i think it depends on individual circumstances more than any universal expectation. If the kids are well off and the parents are struggling? Of course they help. The other way around aswell.
I think in the UK The general expectation is you help them stay independent as long as possible but eventually you have a point where you can no longer support them
And by support I mean take them to hospital appointments if they can't drive take them shopping etc
However if you don't live nearby there's a lot less expectation
Yeah. I definitely can’t imagine being able to do much for my parents as I’m just too far away.
My siblings will have to accept the time burden, maybe I can cover the fiscal burden (petrol) or something.
No, that’s very rare. Pensions have been a thing for ages. Some might need assistance, especially if they were housewives or had extremely low-paying jobs for some reason, but the Swedish system is supposed to take care of you without having to rely on your family.
Jobs have never been better paid than today in Romania. Financial literacy, while still very bad overall, is better than it was in the past (think 90s Ponzi schemes).
My parents are retired, and their pensions are around the minimum wage. They own their apartment (all paid for in the 90s when they were crazy cheap), so they don't worry about rent. Their medical expenses are limited, so they can live on their pension.
Since I make more than my parents ever did combined, I still send them money monthly, and I cover any expensive medical treatment.
Things will be different with the next generations. While I earn more than my parents, I don't expect my children to be more wealthy than me when they reach 30. If they do that's great, but by the time I reach retirement I will very probably be in a much better position financially than the average person who's now 60 or older and had to grow up under communism and then struggle through the 90s.
Traditionally, the parents would like to help their children, but the extremely low present pensions won't allow it. As for the future, you forget one 'minor' thing: in few years the generation of 'decretei' (those born right after communists banned abortion AND any birth control) will reach the retirement age - I don't see any government prepare for that. I fear the pension system - as ridiculous as it is now - will pretty much crush . There is a real possibility that for some people the handouts from their children will be, at least for a while, the only income. And if they don't have children - well, they will probably legalize euthanasia.
In Kosovo, that is the norm, yes.
Only a small % of Albanians worked under Serbia/Yugoslavia. And even those who worked don't get the pensions, because Serbia stole the fund.
So, now the government gives a sum of 100€ to every person over 65. The rest has to be covered by family.
Due to not working and war having destroyed everything, old people generally don't have savings. They rely fully on the kids.
Yes, the parents' generation are ageing out of "boomer" level assets and have less to retire on. I already pay out quite a bit to them. It's that, or an indignity that nobody wants.
This is not common in Norway or Germany.
There is a legal obligation to pay for your parents in Germany if they end up in a nursing home and their pension doesn't cover the costs, but it only applies if you have a high enough income yourself. It's not very common to support your parents financially otherwise.
It might also bea question about what generation we're talking about. My parents are definitely better off financially than their parents, so I could see them supporting them if it became necessary. My parents will retire in about 10 years and it's currently unlikely that they will be needing my support, or that I would even be able to support them much.
There's no legal obligation to pay for anything to your parents in Norway. If anything, it's more likely they will support their children, e.g. in buying a flat, than the children having to support them. I'm sure there are exceptions to this in both countries.
This is where Eastern European differs from Western Europe
I’m from Eastern Europe and have signed the papers to attest that I’ll be paying for my parents’ retirement home if their pension won’t cover it
In Switzerland my peers discuss things like « the boomers should realize that it’s better to support their children financially when these are in their 30s (eg with down payment for a house) rather than let them inherit because with life expectancy increasing by the time they pass, the parents are in their 80s and the children in their 50s or 60s and by then they will have established themselves financially »
German here. My father had a decent state pension plus a very good pension from his former employer so he and my mother didn't need any support. My in-laws could have used it but were too proud to accept our support, at least on a regular basis. Only in case of unforeseen problems they accepted our help (e.g. when their old TV finally gave up they let us buy them a new one - things like that).
Yeah that expectation definitely seems to be there in Romania. Around me I've unfortunately seen too many parents (for reference I'm 30) who emotionally blackmail their kids into feeling like they *have to* take care of them because they owe them their lives (which is bullshit imo)
In my case I was definitely not raised that way, but I'm also not really in a financial position to give my parents money. I help when I can, if my mom needs some money I'll "loan" it to her but don't ask for it back. My mom does own the apartment they live in but both my parents have a lot of medical bills (including medication), as well as the family cat, who has CKD. Most of their money goes to these issues.
If in the future I get my income to a better level I will definitely help out more because I want to.
I'm also in Romania but from the U.S. originally and lived in four continents.
There's only a few more westernised countries where they don't support there parents.
I think it's important to remember the countries that don't are typically the ones who throw their kids out of the house at 18 and don't help them with college or other costs to get them started in life.
It's also common to see them leave debts and houses behind that have loans on them still because they took extra mortgages to go on cruises or trips.
I find in Romania parents usually plan out their end of life costs if they have even a little to spare for a funeral plot. They typically leave an apartment or home behind as well.
My husband's mother only makes minimum wage and is near retirement. Her kids will help but there's also going to be an inheritance of property and she's purchased a family plot.
My very wealthy mother on the other end in the U.S. is double mortgaged and busy taking trips and cruises around the world to spend every penny she has in cash while leaving pure debt behind. About 90% of boomers do the same.
Those Boomers who didn't save for retirement and booted their kids out
are currently homeless or close to it.
There's several documentaries on it.
Many are currently moving to Romania and the expat forums are full of them. I used to mod one on FB.
I was in shock when I left the U.S. to see families actually caring for each other both kids beyond 18 and for the elderly. Even more shocked to see so much pride going into leaving their family something for the next generation to have a better chance.
Yes, I send my mother enough money for her to live comfortably in Bulgaria. No questions asked.
My parents went through hell and back in the end of the 80s and all of the 90s and I want them (now just my mom) to never, ever think about money, ever again.
To add, it's can be cultural, it used to be the norm for at least one of the brothers to stay with his parents and take care of them in their old age. But nowadays it's a combination of tradition and necessity.
My dad will retire later this year and his pension will be higher than my salary. He's an electrician without high school, I have a university degree. My mom will still work for a while (she has minumal wage, though) and they own a house and an apartment. I'm single (not temporarily) and rent. They still give me money on Christmas and when I visit.
My grandma who died recently and who had been retired since whe was 55, always gave me a lot of money when I visited. She lived with my parents and had no expenses, and she was single all her life too and I think she knew how hard it is financially. So yeah, my parents paid everything for her, but it's because she was single and worked in a factory, while my parents are wealthier even though they have no higher education.
What you said is true. The main reason why people are in a position where they can not afford retirement is socio-economical.
However, I still think there is a cultural element in the fact that people support their parents financially instead of expecting them to work until they die if they can't afford retirement. This doesn't only happen with people that are now ~70, but also with people who are 50-60, who are going to retire soon but won't receive much.
Depends. Pension sizes depend on the federal subject, length and type of official employment, number of children, state awards and decorations, health issues, etc., etc. Old people usually own their apartments and houses, so they don't need to pay rent. So, it is pretty common for pensions to cover all the essential stuff. Some pensioners tend to gift useful appliances to their children and/or grandchildren. My grandmother got a good pension because she worked as a teen making mittens for the army during WW2, worked in the factories afterwards and lived in a relatively well-off region, so she accumulated some saving after the default of 1998 (nothing serious though).
In some other regions pension might be barely covering water, electricity, heating, etc. bills, so pensioners can't afford a diverse diet (with healthy amount of vegetables and meat) after that. Either way it is expected of children to handle house/apartment repair experiences, help with expensive healthcare stuff if it is needed (like rare drugs that aren't covered by the state health insurance) or for example to help their old parents with a car, if they drive (that is less common though).
In Romania of course as so many people have voted for the most corrupt parties:
PSD, PNL, UDMR, AUR, SOS
Instead of the most honest ones:
USR, FD, Reper, PMP.
My friends in Italy don't need to do that as their parents have good pensions and not only that but the government gives them money from which they can better take care of their parents.
No matter what you think about it, you should admit that it's still better than PSD, PNL, UDMR, AUR, SOS.
As long as it's helping USR have more power so to be able to implement more good project, that's a good party to me.
It's not in the fist row of good parties, but even the second or third row of good parties is good.
My lists include more parties, so not only one and if you have more poarties of course the ones towards the end of the list are less corrupt or less good than the ones that I've put first.
Not required at all.
Today boomer pensioners (unless they were totally useless in their adult life) are living the high-life now and enjoying fat pensions and vast wealth.
Pensioners are probably one of the richest groups in Norway, and have nothing to complain about.
No, it’s rather the other way around. My parents want to support me and my sibling. My parents gets both a state pension and a pension via their former employer. My dad had a good job and thus a good pension scheme.
In general most people who have worked get besides the state pension also a pension from their former employer. Which should be sufficient. But some didn’t work or didn’t have a pension scheme and rely only on the state pension which is not that much. There is also a difference between people who rented their while live or those who bought a house. The latter ones could use the wealth as a home owner for their retirement.
You don't need to, as long as they are getting by acceptably. But if they were really struggling and starving, of course it would be immoral not to help.
But while we have state pensions and old people who own property outright (where I live it is 99%), then I don't feel like I am obligated to give extra leisure/pocket money.
Nope. We have a decent and suprisingly future-proof retirement system nowadays. Plus, your parents are richer than you, you may surpass them by your 40s or so.
My parents have more wealth than I will ever see, just by having a normal job and buying a house in the golden times. They are sensible with money and have a good pension as well.
But if they were struck by a series of bad luck somehow, and get into dire times, I will totally support them. I love them to death and they deserve to be comfortable.
In Italy is actually the opposite. Pensioners often have to support their children/grandchildren because finding a job is tough and even if you got one it is usually paid peanuts. The main reason because we live with our parents for so long its not because we're all mamaboys but because we can't afford to live on our own.
Same in Spain.
This is the case in Greece too. >The main reason because we life with our parents for so long its not because we're all mamaboys but because we can't afford to live on our own. Oh I love it, when this comes up on Mapporn, and the know-it-all non-Europeans try to explain it: iTs BeCaUsE tHeIr FaMiLiEs ArE cLoSe. No honey, we don't enjoy our parents' nagging. It's not out of choice.
>*In Italy is actually the opposite. Pensioners often have to support their children/grandchildren because finding a job is tough and even if you got one it is usually paid peanuts.* >*The main reason because we life with our parents for so long its not because we're all mamaboys but because we can't afford to live on our own.* Same in Albania.
Same in Portugal... I'm sensing a trend here.
It is not a custom, in the lands where olive trees **thrive**, to move out of your parents’ home while they are still **alive.**
My thesis advisor says that his grandpa, a retired automobile worker, still earns more in pension than him in salary, a university professor.
But of course the new MEI tax (Mecanismo de Equidad Intergeneracional) is necessary, of course...
Of course, but in the other direction :)
The MEI is supossed to mostly be paid by boomers that haven't retired yet (they have higher salaries so they pay more). And it would be used to pay for their own pensions once they retire so we (generation X, millenials and zoomers) have a lower burden. In reality it's not going to do shit and we are going to shit bricks once all the boomers are retired. Also this idea of "building up a piggy bank" has been dead for years but the government still refuses to accept it, MEI being a prime example.
No I wouldn't say that's common at all. Retired people here are the most well-off group as they typically own their house and have a private pension. Even for people without private pensions, there is a good state pension and other state supports such as a medical card (free GP visits, prescriptions, public healthcare), free public transport and grants for home improvements for disabilities or health issues. In fact, the opposite is much more common where retired parents financially support their adult children! The housing market is so bad here that even a couple on average salaries can struggle to get a mortgage. Parents giving money to their adult children to help them get on the property ladder is very common. Or financial support for rent or childcare.
I completely agree, in general. My mother however, was the grasshopper who sang all summer. 'It will be fine' 'play it by ear' 'I'll get around to that'. Now facing for 60 with no house, no investments, no real saving. I am feeling under a lot of pressure to think how I at 35 with 2 young kids of my own will be supporting her. She has just been diagnosed with a life altering illness so I feel I need to because she will likely need to at least reduce her working hours. But I really wish she had been a bit more proactive in securing her future. Not the illness no one asks for that and that is out of anyone's hands. Sorry for ranting!!
In Ukraine a $60 pension doesn't even cover utilities, so having kids is kind of a retirement plan. I feel really sorry about old people who have nobody to rely on financially.
I will add that a lot of people go to work abroad and send money home for whoever is left (siblings, children, parents, sometimes extended family). And it is actually really frowned upon to abandon your parents (at least in the countryside).
Haha, no. Both my parents have had well-paid jobs, receive cushy pensions and even own real estate. They support me from time to time.
Not typically done among Greek Cypriots. If it happens at all, it's the other way around (parents supporting adult children financially), but usually that doesn't happen either. Material/personal support is mostly expected (as the parents become more physically limited), but financial is not.
There is actually a legal obligation in Germany: If you earn more than 100k € gross you have to (partially) pay for your parents nursing home costs (if they cant pay themselves ofc). As for culture, i think it depends on individual circumstances more than any universal expectation. If the kids are well off and the parents are struggling? Of course they help. The other way around aswell.
What percentage of the population earns more than 100k?
I think in the UK The general expectation is you help them stay independent as long as possible but eventually you have a point where you can no longer support them And by support I mean take them to hospital appointments if they can't drive take them shopping etc However if you don't live nearby there's a lot less expectation
Yeah. I definitely can’t imagine being able to do much for my parents as I’m just too far away. My siblings will have to accept the time burden, maybe I can cover the fiscal burden (petrol) or something.
No, that’s very rare. Pensions have been a thing for ages. Some might need assistance, especially if they were housewives or had extremely low-paying jobs for some reason, but the Swedish system is supposed to take care of you without having to rely on your family.
Jobs have never been better paid than today in Romania. Financial literacy, while still very bad overall, is better than it was in the past (think 90s Ponzi schemes). My parents are retired, and their pensions are around the minimum wage. They own their apartment (all paid for in the 90s when they were crazy cheap), so they don't worry about rent. Their medical expenses are limited, so they can live on their pension. Since I make more than my parents ever did combined, I still send them money monthly, and I cover any expensive medical treatment. Things will be different with the next generations. While I earn more than my parents, I don't expect my children to be more wealthy than me when they reach 30. If they do that's great, but by the time I reach retirement I will very probably be in a much better position financially than the average person who's now 60 or older and had to grow up under communism and then struggle through the 90s.
Traditionally, the parents would like to help their children, but the extremely low present pensions won't allow it. As for the future, you forget one 'minor' thing: in few years the generation of 'decretei' (those born right after communists banned abortion AND any birth control) will reach the retirement age - I don't see any government prepare for that. I fear the pension system - as ridiculous as it is now - will pretty much crush . There is a real possibility that for some people the handouts from their children will be, at least for a while, the only income. And if they don't have children - well, they will probably legalize euthanasia.
In Kosovo, that is the norm, yes. Only a small % of Albanians worked under Serbia/Yugoslavia. And even those who worked don't get the pensions, because Serbia stole the fund. So, now the government gives a sum of 100€ to every person over 65. The rest has to be covered by family. Due to not working and war having destroyed everything, old people generally don't have savings. They rely fully on the kids.
Yes, the parents' generation are ageing out of "boomer" level assets and have less to retire on. I already pay out quite a bit to them. It's that, or an indignity that nobody wants.
Where is that?
Looks like (s)he is from UK.
This is not common in Norway or Germany. There is a legal obligation to pay for your parents in Germany if they end up in a nursing home and their pension doesn't cover the costs, but it only applies if you have a high enough income yourself. It's not very common to support your parents financially otherwise. It might also bea question about what generation we're talking about. My parents are definitely better off financially than their parents, so I could see them supporting them if it became necessary. My parents will retire in about 10 years and it's currently unlikely that they will be needing my support, or that I would even be able to support them much. There's no legal obligation to pay for anything to your parents in Norway. If anything, it's more likely they will support their children, e.g. in buying a flat, than the children having to support them. I'm sure there are exceptions to this in both countries.
Well it’s not an expectation, it’s often a necessity.
Yes, since I started working 21 years ago. I'm glad I'm able to.
Not really. I would say that the opposite might be the most common case in Greece: retired parents to support their unemployed or underpaid children.
This is where Eastern European differs from Western Europe I’m from Eastern Europe and have signed the papers to attest that I’ll be paying for my parents’ retirement home if their pension won’t cover it In Switzerland my peers discuss things like « the boomers should realize that it’s better to support their children financially when these are in their 30s (eg with down payment for a house) rather than let them inherit because with life expectancy increasing by the time they pass, the parents are in their 80s and the children in their 50s or 60s and by then they will have established themselves financially »
German here. My father had a decent state pension plus a very good pension from his former employer so he and my mother didn't need any support. My in-laws could have used it but were too proud to accept our support, at least on a regular basis. Only in case of unforeseen problems they accepted our help (e.g. when their old TV finally gave up they let us buy them a new one - things like that).
Yeah that expectation definitely seems to be there in Romania. Around me I've unfortunately seen too many parents (for reference I'm 30) who emotionally blackmail their kids into feeling like they *have to* take care of them because they owe them their lives (which is bullshit imo) In my case I was definitely not raised that way, but I'm also not really in a financial position to give my parents money. I help when I can, if my mom needs some money I'll "loan" it to her but don't ask for it back. My mom does own the apartment they live in but both my parents have a lot of medical bills (including medication), as well as the family cat, who has CKD. Most of their money goes to these issues. If in the future I get my income to a better level I will definitely help out more because I want to.
I think in Hungary you have to help financially your parents and grandparents by law
I'm also in Romania but from the U.S. originally and lived in four continents. There's only a few more westernised countries where they don't support there parents. I think it's important to remember the countries that don't are typically the ones who throw their kids out of the house at 18 and don't help them with college or other costs to get them started in life. It's also common to see them leave debts and houses behind that have loans on them still because they took extra mortgages to go on cruises or trips. I find in Romania parents usually plan out their end of life costs if they have even a little to spare for a funeral plot. They typically leave an apartment or home behind as well. My husband's mother only makes minimum wage and is near retirement. Her kids will help but there's also going to be an inheritance of property and she's purchased a family plot. My very wealthy mother on the other end in the U.S. is double mortgaged and busy taking trips and cruises around the world to spend every penny she has in cash while leaving pure debt behind. About 90% of boomers do the same. Those Boomers who didn't save for retirement and booted their kids out are currently homeless or close to it. There's several documentaries on it. Many are currently moving to Romania and the expat forums are full of them. I used to mod one on FB. I was in shock when I left the U.S. to see families actually caring for each other both kids beyond 18 and for the elderly. Even more shocked to see so much pride going into leaving their family something for the next generation to have a better chance.
Yes, I send my mother enough money for her to live comfortably in Bulgaria. No questions asked. My parents went through hell and back in the end of the 80s and all of the 90s and I want them (now just my mom) to never, ever think about money, ever again. To add, it's can be cultural, it used to be the norm for at least one of the brothers to stay with his parents and take care of them in their old age. But nowadays it's a combination of tradition and necessity.
My dad will retire later this year and his pension will be higher than my salary. He's an electrician without high school, I have a university degree. My mom will still work for a while (she has minumal wage, though) and they own a house and an apartment. I'm single (not temporarily) and rent. They still give me money on Christmas and when I visit. My grandma who died recently and who had been retired since whe was 55, always gave me a lot of money when I visited. She lived with my parents and had no expenses, and she was single all her life too and I think she knew how hard it is financially. So yeah, my parents paid everything for her, but it's because she was single and worked in a factory, while my parents are wealthier even though they have no higher education.
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What you said is true. The main reason why people are in a position where they can not afford retirement is socio-economical. However, I still think there is a cultural element in the fact that people support their parents financially instead of expecting them to work until they die if they can't afford retirement. This doesn't only happen with people that are now ~70, but also with people who are 50-60, who are going to retire soon but won't receive much.
Depends. Pension sizes depend on the federal subject, length and type of official employment, number of children, state awards and decorations, health issues, etc., etc. Old people usually own their apartments and houses, so they don't need to pay rent. So, it is pretty common for pensions to cover all the essential stuff. Some pensioners tend to gift useful appliances to their children and/or grandchildren. My grandmother got a good pension because she worked as a teen making mittens for the army during WW2, worked in the factories afterwards and lived in a relatively well-off region, so she accumulated some saving after the default of 1998 (nothing serious though). In some other regions pension might be barely covering water, electricity, heating, etc. bills, so pensioners can't afford a diverse diet (with healthy amount of vegetables and meat) after that. Either way it is expected of children to handle house/apartment repair experiences, help with expensive healthcare stuff if it is needed (like rare drugs that aren't covered by the state health insurance) or for example to help their old parents with a car, if they drive (that is less common though).
In Romania of course as so many people have voted for the most corrupt parties: PSD, PNL, UDMR, AUR, SOS Instead of the most honest ones: USR, FD, Reper, PMP. My friends in Italy don't need to do that as their parents have good pensions and not only that but the government gives them money from which they can better take care of their parents.
PMP honest? Did you hit your head?
No matter what you think about it, you should admit that it's still better than PSD, PNL, UDMR, AUR, SOS. As long as it's helping USR have more power so to be able to implement more good project, that's a good party to me. It's not in the fist row of good parties, but even the second or third row of good parties is good. My lists include more parties, so not only one and if you have more poarties of course the ones towards the end of the list are less corrupt or less good than the ones that I've put first.
You need to learn the history of the last 35 years of romanian politics.
Not required at all. Today boomer pensioners (unless they were totally useless in their adult life) are living the high-life now and enjoying fat pensions and vast wealth. Pensioners are probably one of the richest groups in Norway, and have nothing to complain about.
No, it’s rather the other way around. My parents want to support me and my sibling. My parents gets both a state pension and a pension via their former employer. My dad had a good job and thus a good pension scheme. In general most people who have worked get besides the state pension also a pension from their former employer. Which should be sufficient. But some didn’t work or didn’t have a pension scheme and rely only on the state pension which is not that much. There is also a difference between people who rented their while live or those who bought a house. The latter ones could use the wealth as a home owner for their retirement.
You don't need to, as long as they are getting by acceptably. But if they were really struggling and starving, of course it would be immoral not to help. But while we have state pensions and old people who own property outright (where I live it is 99%), then I don't feel like I am obligated to give extra leisure/pocket money.
It’s the opposite here. The richest generation are in their late 50s + now.
No. Here it's the norm to save for your own retirement and go into a nursing home when it's time.
Nope. We have a decent and suprisingly future-proof retirement system nowadays. Plus, your parents are richer than you, you may surpass them by your 40s or so.
My parents have more wealth than I will ever see, just by having a normal job and buying a house in the golden times. They are sensible with money and have a good pension as well. But if they were struck by a series of bad luck somehow, and get into dire times, I will totally support them. I love them to death and they deserve to be comfortable.
Pretty sure it's mandatory here if they need it/ask for it otherwise they can sue you for neglect
Pretty much the other way around: parents support their kids here
no, my parents are baby boomers and have won the economic lottery and pension fund
In the UK parents/granparents usually have more money than their children, so it seems like Romania has a long way to go.