How do you feel about the elderly?

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I'm well over 60 years of age but don't feel like I'm an old man. I still have the home we raised our 8 children in and each bedroom still contains some of the appropriate childs items. It's been a little difficult realizing that each of the children has turned into an adult and they have their own lives to live. As we all get older it becomes more and more difficult to find the time to stay in touch. When my parents got old enough and in poor enough health that they needed someone to care for them I built an "in-law" suite and moved them in so they would be close and my wife and I could care for them. They have all passed on now and the suite has become my get away place where I can go and watch sports while my wife watches the women type stuff on the other TV. Recently I've been contacted by friends/acquaintances who are approximately the same age. They have poor health and need assisted living. They don't have much money and have been trying to stay with their children but it's not working out. It's difficult to be a parent and have your children tell you what to do and when to do it. Two of our friends are sleeping on the couch of their daughter's house and are daily told they are not welcome and need to find somewhere to go. The "in-law" suite at my house has become the place they would like to stay (temporarily until they can get into an assisted living facility). I was raised that it was the childrens responsibility to care for their parents...but apparently that's not true anymore. I'm sure I'll end up taking care of them just like I did my parents and in-laws. If you were in my shoes would you let them move in?