These days, older people who have retired often choose to spend money on themselves (for example on holidays) rather than save money for their children. Is this a positive or negative development?

Currently, many retired
people
have been neglecting to save for their
children
's heritage.
Instead
, they are consuming things for the sake of their own pleasure
such
as booking yearly holidays.
This
essay is going to discuss why the new lifestyle of elderly
people
is positive for themselves and their kids.
Although
accumulating material heritage guarantees safety to
children
,
this
seems unnecessary these days. The majority of retired
people
have grown-up
children
who are already financially self-sufficient.
For instance
, most
children
are dependent on their
parents
' money for about a 20-years period but they usually become independent, after finishing college and finding a well-paid job.
Therefore
, older
parents
do not need to worry about their
children
's future since they have invested enough in their education, health and well-being in the past.
Besides
, elderly
people
deserve to indulge in the fruit of their work after so many years of sacrifices while parenting.
Children
certainly will be happy to see their
parents
having pleasant experiences. As an illustration, research shows that
children
whose elderly
parents
travel once a year tend to be happier in their personal lives. The more
parents
invest in themselves, the more satisfied their kids become. In conclusion, the number of older
people
saving for their will is decreasing.
This
is a positive sign because
children
can guarantee their future survival after receiving their
parents
' support.
In addition
, elderly
people
spending more money on their personal pleasures means happiness to their
children
since they love their
parents
.
Submitted by Layana on

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