Are Kids a Retirement Plan? | Retirement Mistakes (Part 3)

In many Filipino families, there is a strong belief that children should take care of their parents when they retire. After all, parents sacrificed, provided, and supported their kids their whole lives. But is it fair for parents to rely on their children as a retirement plan? In this episode of our Retirement Mistakes mini-series, we talk about the two different mindsets of parents—and the two realities children face as adults with their own families and responsibilities. We even asked our own son, Brian, an honest question without giving him any warning. His reaction and answer opened a deeper conversation about love, responsibility, boundaries, and preparing for retirement. This isn’t about abandoning parents. It’s about understanding whether support should come from obligation—or from choice. What do you think? Should children be responsible for their parents’ retirement? Share your thoughts in the comments. #retirementplanning #retirementmistakes #familyfinances Timestamp: 0:00 Introduction' 1:08 4 Mindsets - Parents and Children 4:38 Why people fall into this mistakes 7:10 What parents can do 9:45 Brian's full answer 12:38 Lessons Learned 12:56 Outro Check out our channel for more videos : https://www.youtube.com/channel/UCwZEfU5vkYMM8_ft_xwaz3g for business inquiries: haven.eileen@gmail.com