For the past few years, it has been observed that elderly people are focusing more on themselves than their kids when it comes to retirement finances. Instead of accumulating wealth for the next generation, they spend their pension on fulfilling their own wishes like travelling and taking up a hobby. I believe it to be a positive trend as it is beneficial to both retired parents and their offspring. On the retired floks’ side, It shows the increased awareness of the senior citizens’ valuing their own well-being. More often than not, elderly parents are apt to prioritize their beloved heir’s needs, which requires unconditional compromise and sacrifice. They stick to the view that they are obliged to pinch and scrape in retirement to ensure there is something left behind for their children. However, that attitude certainly affects their quality of life. In contrast, investing themselves is a much better way of life for retirees because they are able to pursue whatever they wa...