Here in the west it mostly goes from senior down because some seniors become quite wealthy. If you pay off real estate, have a pension or 2, have 401k, or 403b, do an IRA and have SS, and other savings too...
In my case, I have SS and modest non-fiat currency, and we have a house abroad free and clear. Here we are now renters since I sold off my property to move abroad for 3 years and build.
Yes. In Asia, most children would help their parents. I didn't know that in Philippines, you could be arrested if you don't help.
Thanks for the info.
The 10 commandments talk about honor your parents so even God wants us to do that.
There is no codified amount, just what is worked out between parents and offspring, and maybe Barangay officials
I understand. God bless those children.
Here in the west it mostly goes from senior down because some seniors become quite wealthy. If you pay off real estate, have a pension or 2, have 401k, or 403b, do an IRA and have SS, and other savings too...
In my case, I have SS and modest non-fiat currency, and we have a house abroad free and clear. Here we are now renters since I sold off my property to move abroad for 3 years and build.
It sure didn't sound like Walz mom is wealthy but yes, here in the west, the elderly are the wealthy ones.