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I don't know about desi parents but white dudes can't be expecting their sons and daughters to support them in old age so thats why they have to work. Post retirement can be great fun if you join sports clubs etc or involve yourself in some hobby or creative work.
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Here in the US, traditionally people were meant to save up for their retirements, so they dont have to be a burden on their children to support them. Since no support system like that exists in Pakistan, its understandable that desi children support their parents....But here in the US, esp in recent years, alot of people have lost alot of money, including their life savings...so they have no chocie but to work....they would rather work than live off any body else, even their own children.
If a person works out of want and desire, rather than necessity, then i think its okay. otherwise, i find it kind of sad for an old person to be working out of necessity. Often I see elder people alone, struggling with bags or working long shifts...I cant help feeling sad for them......