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?
More and more the concept of ‘extended family’ will become an economic necessity, in fact it is the abandonment of the extended family concept that is one of the major causes of the huge expansion of government.