I believe the solution is the following:
You solve it with your parents/grandparents. If every milennial solves it with their attached boomer counterpart, as millennials know how to deal with hard problems, it will solve most issues.
I dealt with my parents and grandparents myself. Talked everything through with them around 15 years ago. Got all my share from their wealth when the time came, cascading properly, through parents who cascaded further the shares I would get from them. With realtively even between grandkids and kids.
They knew the drill, we knew the drill. My greatest generation and boomer frictions are solved financially and respect-wise, many years ago.
What else could I ask for? I hope you guys will have that sorted for yourselves too!

I have quite the opposite.
My mother was helicoptering me. Now I try to be my mix of a real millenial mindset with baby boomer boundaries if that is understandable. I want to give them more freedom and flexibility within hard boundaries on pre-set rules.
All in all, I am a strange parent now here in Sweden, coming from Hungary. I let them explore but don't let them do dumb sht, what them from afar and expect them to behave as per my laid out rules even if I can't see them and they get a hard talk if they disobey but if they can bring up a proper argument against my judgement I am open even on the spot to change. Hard stuff, not just for me but for them. Also we are not afraid to shout to each other in public "I love you!", "I am proud of you!", "Get over here, instantly!" and "What on earth were you thinking?" sometimes with one breath. Also, family first, individual after mentality.
I treat them (currently 7 and 4) as highly intelligent wild dogs. It works fine for us so far, even with my non-verbal autistic boy.
But this is constantly evolving and soon we get to a stage when they get a gps watch so I can track and call them so can do much more on their own, of course situation-environment-age appropriateness considered.

We do it similarly.
We both do research on different things, what I find I change a bit earlier, she is unsure on my change, we act parallel, she learns about it from someone else, she changes behavior.
It is easier for me to change when she decides as she is fully responsible for groceries and household so I have no other choice. :)
Does not matter a little adjusting time for me, in the end we aim for the same goal. Better healthspan.

As they should be :)
I believe I would be more worried and axious about my kids future if their present wouldn't be full of challenges.
My nerves will never be the same, but they will develop strong ones too.
Keep it up! I wish you good sleep paired with the crazy days.

In the past (almost a decade ago) I often intentionally took my dogs to a walk without my phone so I can be in the present with them. A good 20-40 min walk after work sniffing lamp posts and grass.
Then I found out there are podcasts and if I do not listen to one I feel I am missing out an opportunity to learn what is a fake feeling as I do not remember almost anything of what I listen to :D
So for a year now I try to get hooked off and even if I have my phone with me and walking or driving doing it in silence. Sometimes it is nice, but hard to get off the juice.
I like the watch-phone back-up idea.
I also tried to find a phone what has e-ink display, has 5G capability for GPS but does not support much else over maybe reading ebooks. No luck yet or maybe I just don't trust enough of the brands who currently provide something similar.

I totally get why people would say and believe this. Products feel good, looks fantastic, marketing is great, have a cult around. Indeed comfy and safe feeling.

I wanted to jump on this wagon but never had enough money to do so.
Never found a cheaper but as luxury feeling from any brand-environment, I thought I will find it with Samsung but it was somehow a bit off.

I am a big fan of one-stop-shop solutions. Just we would need those that aims to smaller groups also, not just the million sized ones.

Congrats to you both!

I can believe that, 100%.
I want to have a family farm and generally delusional, so I fit the pattern here. :)

I get the joke but I believe it is more dependent how much they learn and how hard they work in the awake hours than when they woke up in the past. 'Must' is a big motivator.

I love the oldschool Critters movie vibe!

I hope the majority of their training data was based on Saint Bernard dog research material.