Lǎoyíbèi rén xiāngxìn yǎng'ér-fánglǎo, dàn xiànzài qíngkuàng bùtóng le.
The older generation believed in raising children for their old age, but things are different now.
Tips
history
From Chen Yuanjing's 《事林广记》 (Southern Song almanac): 养儿防老,积谷防饥 - 'raise sons against old age, store grain against famine'. The full couplet is still quoted today.
culture
Tied to 孝 (filial piety) and to systems where the state provided no pension. Often invoked - sometimes ironically - in modern debates about declining birthrates and elderly care.