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Anonymous
If your parent(s) do not have enough for retirement due to their lifestyle and financial decisions, is it their fault or should you help them?
Just because they are your parent(s) and from an asian context, it seemed like it's a norm to help to show filial piety.
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Yes, filial piety
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It depends, but i would
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I am putting money into their cpf to help in their retirement.
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Pls consider is it they dont want to or they cant. Prob due to lack of financial literacy, things th...
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Is it their fault? Cannot answer that without knowing your story. For example, is it due to gambling problem? Or just not enough finance literacy?
Should you help? Yes, they're family. Having said that one needs further thought if you're supporting their basic needs or supporting some bad lifestyle. For example if there is gambling issue, instead of giving cash, you could supply them with foods/grocery.