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Also, if I advise them to no longer contribute to a company retirement fund, will they have the self discipline to save a like amount every payday on their own. Their inheritance was going to be what’s left of my Roth and our property with 2000 feet of river frontage. That looked good five years ago, but with the decimation of my retirement and the drop in property values, it’s troublesome to say the least.

Their inheritance was going to be what’s left of my Roth and our property with 2000 feet of river frontage.

It's none of my business, but I'm going to do the unpardonable and jump in here anyway. I'd say not to worry about your children, particularly if they are current adults. Especially middle-aged adults. I'm middle-aged plus and would never expect my parents to help me with my retirement. I'd like them to spend every penny they have and just not leave any bills ;) I do worry about the world that my son (18 as of last Saturday) will inherit and the crushing debt his generation will have to pay. BUT, my giving him a large inheritance deprives him of the pride of earning his own way. We need to go back to those 'old-fashioned' values, when people had enough self-respect to not accept unearned money and took pride in what they accomplished themselves.

That said, as a parent, I understand what you're feeling. I do think generations after the Greatest Generation certainly had an easier time than future ones will have. My mom has gotten back every penny she paid into SS and then some, plus had a pretty good lifestyle with a limited education and limited income. Nobody under 50-60 can say that these days. It'll be even worse for GenerationXers. The days of prosperity are over.

Anyway, I'm sure you both raised great kids. Just look at the role models they've had! I imagine they'll all do just fine.