Abstract
The study examined children’s filial responsibilities as contributing to retirement financial planning. There was a 53.9% return rate from 750 survey questionnaires. Seven hypotheses were analysed using hierarchical regression/ordinary regression/stepwise regression analyses. The results revealed that, from children’s perspective, the more they were in contact with parents, the more support they would give them (with age as a predictor especially the above 50-year old groups). These views were not shared by parents. There was also a close relationship between parents and children’s support. The study also showed a positive relationship between parents and children’s expectations about filial obligations. To ensure the continuity of the filial piety practice requires the inculcation of children with such traditional values as part of their family life. Key words: Extended family, filial piety, retirement planning, support exchange.
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