What does 养儿防老 (yǎng'érfánglǎo) mean in English?

Card 55PCR Level 5655/64
CARD55
PROGRESS86%
养儿防老
養兒防老
yǎng'érfánglǎo
(of parents) to bring up children for the purpose of being looked after in old age

Reveal: Click/Space/Enter/↑↓/w/s/j/kNavigate: ←→/h/l/a/d