I think if more families took this approach, it would greatly help.
I believe in helping your kids when they graduate....do things that allow them to save money, even if it means living with parents for a year or two, rent free, with one stipulation, the “rent” money goes into an IRA. Money saved towards retirement while in your 20s makes a HUGE difference, over people who start saving for retirement in their late 20s, or 30s.
My husband and I started retirement savings accnts for our kids for their birthdays several years back. They put into them also, but it helps that we also put birthday money in every year. The money you put in early is the money that accrues the most, and many people just can’t put much early money it. What better birthday present is there?