Older people often choose to spend money on themselves (e.g. on holidays) rather than save money for their children after retirement. Is this a positive or negative development?

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The trend of spending retirement benefits by the older generation has changed significantly in recent years. They have started to make plans for vacations by consuming their savings
instead
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of giving
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amount to their heirs. In my opinion, I believe
this
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is a positive development as they can spend a part of their income on their
children
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, rest of the
money
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must be spent on their own recreational activities for some reasons that I will explain in
this
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essay. On the one hand, the old generation spends all their
life
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earning and saving
money
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for their retirement so it is their right to think about the actual use of whole savings. Provided that they invest
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money
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in governmental schemes for gaining profits, it will
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secure their future. They could use
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money
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for
further
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leisure visits.
For example
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, they could enjoy more than one world tour, if they would have more
money
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to spend.
In addition
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, sometimes old individuals have spare time to perform their favourite activities only at
late
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a late
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age as they had worked hard throughout their
life
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to fulfil the basic requirements of their families.
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, both time and financial resources can be used in retired years of
life
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for entertainment, which is
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beneficial to health.
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, it is
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argued that in order to succeed in
life
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, offsprings often need not only moral but
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financial support from their guardians.
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is because parents are often more experienced compared to
children
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and have more
money
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to try a new business. In
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way, they can build careers for their heirs by putting effort. Despite these concerns being relatively valid, I believe that adolescents must take the responsibility for their career growth. Due to
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, they would become more confident which will be helpful in building their future
life
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. In conclusion, the phenomenon of giving financial resources to the young generation from older people has changed a lot. Now they want to use these assets on themselves by enjoying outdoor holidays. In my perspective, I am convinced that in
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way
children
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can become independent, which is important for their development as parents have already played a role in rearing their
children
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.

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For we to consider an essay structure a great one, it should be looking like this:

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    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

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