No.
It's different when I see friends whose parents have had a catastrophic event like awful financial products missold (endowment mortgage in one friend's parents case). Or truly ill health like a terminal illness or accident etc
But in my parents case it was just pissing it up the wall with nothing to show for it. Moving house (with all the taxes and removal fees and redecorating) multiple times in short periods because they no longer liked some trivial aspect or wanted a slightly bigger garden etc. Spending on expensive poorly reliable cars. Spending on family members birthday and Christmas gifts despite not having a close relationship and not even liking them just to "show" another group of relatives how well they were doing. No actual payment into a pension. Replacing the sofa every year, etc. Not shopping around for any bills - I asked my mother what she was doing about the energy crisis/expenses and I learned that she doesn't know who the supplier is, hasn't opened any bills from them for years and STILL opens the windows to cool the house despite the thermostat being set to 24 degrees (no kidding). And on and on are the examples of just shite money management/attitude.
My mum has a better mobile phone and internet package than we can afford despite being not really interested in technology etc. - which is fine. But i consider paying her phone bills etc if I myself couldn't afford it despite working full-time and having done so since I was 16, without any financial support from them since?! Madness.
I look back at my childhood and they showed me all the things NOT to waste and spend money on.
Now they're in their late 60s and 1 in failing health I'm not robbing my own children of money simply to continue to fund a lifestyle extravaganza that I myself have never been able to afford.
And that's what we're talking about - robbing their grandkids.
My parents in law are in a similar situation albeit they started to cut their clothing to their retirement income levels fortunately - had a similar attitude to my parents but DH and I made it clear we weren't going to be paying their bills long before retirement.. it was mentioned several times!!
What's worse is the whole set of them think we're loaded, when the reality is that we have an income level that's ok, but doesn't buy a lot of extras - no streaming TV service, no coffee on the way to work, car chosen for reliability and shared in the house, constantly looking around for voucher deals and utility comparison savings.. I think their understanding of the world is based on it 30+years ago.
Neither set of parents both had to work full-time while raising children for example, while we've never had a choice about going part time.. we couldn't pay the bills and the mortgage. And we're in a great position compared to when renting etc.. we're the "lucky" ones of our generation!