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Economically anxious, many parents see their children's accomplishments as a sort of insurance against the financial challenges of old age; high-achieving kids, this logic goes, will become high-earning adults and therefore be better able to help Mom and Dad pay for the assisted-living facility in a few decades.
Economically anxious, many parents see their children's accomplishments as a sort of insurance against the financial challenges of old age; high-achieving kids, this logic goes, will become high-earning adults and therefore be better able to help Mom and Dad pay for the assisted-living facility in a few decades.
Alissa Quart
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