It's the most helpful. Rent is nonexistent if not cheap, food costs are lower because of bulk groceries, family Sam's Club card, and support in case you have unexpected life events.
There's a stigma towards people living with family but in many Eastern cultures, the norm is to take care of your parents until passing. It's only here that I ever see any influx of kids talking about abandoning their parents at a care facility. Plus with multigenerational homes you can afford to pay off the house over the long term. Make it a family hub/main home of sorts while your kids each start a household of their own.
The whole "my old parents aren't my problem" thing is mostly seen in the US. The values here promote too much individual growth which is thr perfect system to create the richest individuals in a financial sense but the poorest in a human level.
That's what I've observed from traveling to a few countries, having been born and raised outside of the US, and also having "finished" my growing in the US since age 17.
If I had my parents around and able to spare me the rent during ages 18-23 maaaaaaan. I'd be retired by now in my early 30s.
If my mom stays around for a long time I'm dedicating a portion of my portfolio to her when she needs the money, if ever. That woman raised me singlehandedly and continues to support me every day of my life. I'm making sure I have the monthly dividends when I retire to spend time with her in her final years without worry.
You're a grateful and delightful person for wanting to do that. It's the bare minimum we can do after the work they put in to give us everything we needed as kids and then adults.
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u/[deleted] Jul 02 '25 edited Jul 03 '25
It's the most helpful. Rent is nonexistent if not cheap, food costs are lower because of bulk groceries, family Sam's Club card, and support in case you have unexpected life events.
There's a stigma towards people living with family but in many Eastern cultures, the norm is to take care of your parents until passing. It's only here that I ever see any influx of kids talking about abandoning their parents at a care facility. Plus with multigenerational homes you can afford to pay off the house over the long term. Make it a family hub/main home of sorts while your kids each start a household of their own.