How does retirement planning affect or benefit your children in future?

They won’t have to worry about you when you become elderly. With your retirement in check, you would be able to provide for yourself instead of your children having to take you in and pay your expenses. One less mouth to feed.. My mother is in her fifties right now. She only just began saving for her retirement. She’s not going to have enough to take care of herself…and I’m already feeling the pressure.