Jenova Chen Quotes

The retirement financial crisis will affect far more people than baby boomers, and certainly it will affect their children. Most of the retirees and near-retirees with whom we talked, said that they were extremely reluctant to have to depend on their children financially, or to think of moving in with their children. But the mere fact that they were discussing those issues indicates that some of them have already figured out that that is what lies ahead for them.

Someone said to me the other day: "Well, you're eventually going to live until 110." And I said: "Well, who's going to keep me? What age do I retire? 100?" How are you going to live all those years and who is going to keep you doing it? I have a couple of grandchildren now so I'm banking on them.

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.

I see my future with my family, with my grandsons and daughters, and I want to look after some welfare institutions I had set up at different places in the country with the help of expatriate Pakistanis.

I have amazing parents. They had worked hard all their lives for me, and when I started to make money, I wanted to be able to take care of them.

I merely consider myself a father, and one role of a father is to provide financial resources for his family.

I want my children to have all the things I couldn't afford. Then I want to move in with them.

I have worked every day since the age of fifteen, supporting not only myself, but also helping a sizable family when needed.

My father has been by my side since I was little. He takes care of things, my finances and my family.

I live very well, but I support a lot of relatives.

I was kind of secretly hoping one of my kids would go out and make a million bucks. So when they put me in a home, at least I'll have a window with a view.

Most performers spend half their earnings taking care of family members.

Luckily I have a brother who looks after my administration and my money, because I'm a total spendthrift.

My dad loves what I do and I support my parents financially because they didn't have a job that gave them a pension.

In various European countries, it is increasingly common for young men to live with their parents into their 30s and even longer. Why not? In the welfare state, there is no shame in doing so.

I’ve got my own Medicare plan. I’ve got an intern for a son-in-law.

Sons represent security, insurance, a 401(k), a bank.

My neighbors aren't millionaires. They're retirees who depend on Social Security and Medicare.

I didn't have any pressure to join my dad to help with the family business. I don't think he needs any sort of support at all. That said, whenever he needs my help, I will always be there for him.

Sometimes I get the feeling that some parents really think their son can pay for their pension, especially being in London.

After graduating from high school, even though I was working, I didn't have enough money to pay rent, so I stayed with my Nana.

My paternal uncle and aunt have jobs, and they are the ones who feed the family with a regular income.

Some guys, when they get drafted, they only think about themselves. They go buy cars and houses. I just wanted to take care of my mom.

Each month from our income - we have a separate account, obviously - we give 80 percent of it to our parents back home.

My brother starting earning early in life. I stopped taking money from my parents, and my brother would give me the pocket money.