The Value of Children to Young and Elderly Parents

A sample of elderly parents in the state of Florida was contrasted with a national sample of parents in their childbearing years with respect to the satisfactions and dissatisfactions of having children. For both groups, children were most commonly seen as satisfying the needs for love and companionship and fun and stimulation. The Older group was more likely than the younger to report that children fill economic-utility needs. The older group was also more likely to indicate that there were no disadvantages to having children, and they were less likely to specifically mention disadvantages such as restrictions on freedom or financial costs. This study found that elderly parents are actually more likely to be giving financial help to their children than receiving it, and that contact with children was frequent despite geographical barriers.