How would you keep them motivated? Would you divide the economic hit equally? Start tearing up old rent controlled apartment leases? Lower pensions? As a paren

How would you keep them motivated? Would you divide the economic hit equally? Start tearing up old rent controlled apartment leases? Lower pensions? As a parent in such a situation I'd start redistributing my own money to my children before I die. From a societal point of view the best thing to encourage that would be to get rid of any gift taxes et cetera which might discourage it.