If you have enough money left in retirement and grandchildren, you can invest part of your money in your children. This way you can put together a portfolio of shares and funds that will last until your grandchildren retire.
Anyone who can live well on their own income and pension probably wants the same for their grandchildren. But at the moment, the prospect of the state pension alone being enough to provide a good living for future generations is rather slim. So it is always a good idea to save money on your own. Because if politicians do not act consistently enough, the grandchildren will one day be very grateful that at least grandma and grandpa thought ahead – and put some of their own savings aside for the pension of the generation after that.
Source: Stern
