Relying on a purposive sample of 550 Chinese older adults in Beijing, China, this study examined the potential influence of children’s out-migration, internally or internationally, on intergenerational relationships and parental well-being. By comparing older adults in nonmigrant, internal migrant, transnational, and hybrid (have both migrant and nonmigrant children) families, we found that children’s out-migration only compromised intergenerational contact and instrumental support, but not monetary or emotional support. Older adults of different family types had similar levels of depression and life satisfaction. Those in internal migrant families were most likely to report financial worries, and those in transnational families were most likely to worry about lack of care. The influence of children’s out-migration was further confounded by parents’ coping resources. The findings suggest that the vulnerability of the "left-behind" elderly might have been exaggerated. Future studies shall distinguish different types of migration and the diversity among older adults with migrant children.