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Sarah and Geoff Moorhouse, along with other retirees, have chosen to spend their savings on experiences rather than leaving an inheritance for their children. This trend, known as "skiing," reflects changing attitudes towards retirement spending. Reports indicate a significant portion of retirees in the UK and US prioritize enjoying their money in retirement.
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Sarah and Geoff Moorhouse, along with other retirees, have chosen to spend their savings on experiences rather than leaving an inheritance for their children. This trend, known as "skiing," reflects changing attitudes towards retirement spending. Reports indicate a significant portion of retirees in the UK and US prioritize enjoying their money in retirement.
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I'd rather pay thousands on a holiday: Meet the pensioners spending the kids' inheritance
Pensioners Choose to Spend Savings on Experiences Instead of Leaving Inheritance