Lucky for me my parents were both "I didn't save anything for retirement, my kids will take care of me when I'm older", so I don't have to suffer through this.
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It is one thing if a kid's parents just does not have the means, but the article points out that some baby boomers (maybe more commonly in a the west?) can have tendencies to be spiteful toward people deemed less. Maybe this happens more so in WASP culture.
I'm personally of the belief that if I ever chose to have kids, that I would see it to the end that they felt supported, regardless of their age. The kids themselves didn't ask to be born.
A lot of cultures who have these values, I notice, have kids that thrive a lot more. I have some friends from east Asia, and they all were encouraged to be independent and pursue meaningful careers. Their parents support them intensely, and help with investments and other forms of support.
My biological father's family is Jewish (nonreligious). My first cousin is very successful and I know has been set up to have a meaningful career, because my aunt let her live at home during graduate school, and paid for her graduate degree in speech pathology. She will inherit the house she grew up in.
I grew up in WASP culture on my biological mother's side, and my mom has the attitude that she wants nothing to do with me, especially after I turned 18.