Why we are spending our children's 相続物件 on ourselves NOW - and it makes sense for you to do the same
You've worked hard and given your children everything they need growing up. You've also been sensible with money to save for your 未来, so you don't have to work longer than necessary.
As you enter 退職, now is the time to enjoy the result of your hard work. You have the time and money to enjoy lavish holidays and go on 世界的な adventures ? without worrying about what's left for your children.
This is the 見解（をとる） taken by retired 商売／仕事 owner Mandy Watson. With their four children now 独立した・無所属 adults, Mandy, 57, and her husband Trevor, 64, have become 'obsessed' with travelling.?
They have been to all seven continents and more than 65 countries together, and are 現在／一般に in the middle of a ten-week 旅行 that started in the US. Next, they are 長，率いるing to アイスランド, Norway, Venice and the Greek islands.
Mandy 述べるs herself as an active member of the growing 'SKI 始める，決める' ? which stands for Spending the Kids' 相続物件.
Mandy, 57, and Trevor Watson, 64, have travelled to 65 countries and are now 'obsessed' with seeing the world
Mandy and Trevor have been married for more than 30 years and have four children between them, 老年の 40, 37, 28 and 24, 同様に as four grandchildren
退職 used to 伴う／関わる tending to the garden, helping with childcare and 存在 careful with the pennies to leave a healthy 遺産／遺物 for children and grandchildren. Now better health and life 見込み has meant a rising number are prioritising lavish holidays without worrying about whether there'll be anything left over for the kids.
Mandy and Trevor's next 逃亡 in late summer will be to Africa on safari. A 12-day rail 旅行 around Switzerland at Christmas time will 完全にする their travel 計画（する）s for this year. For 2025, the pair have 調書をとる／予約するd flights to Nepal and a 巡航する around Canada and Alaska.
'We are determ ined to live life now. Remember, it's not the kids' 相続物件 until you're 押し進めるing up daisies! Until then, it's your bank balance,' says Mandy, from Queensland, Australia.
Mandy and Trevor have been married for more than 30 years and have four children between them, 老年の 40, 37, 28 and 24, 同様に as four grandchildren.
Mandy says the pair have always enjoyed holidays but were constrained by 責任／義務s. Eight years ago, with the children old enough to look after themselves, they decided to 割れ目 on and take longer, more adventurous trips.?
They abandoned 事業／計画（する）s they had planned to do at home, took a step 支援する from their 製造業の 商売／仕事 and 始める，決める off on a dream trip to Machu Picchu and Ecuador's Galapagos Islands.
'A 癌 diagnosis meant we started to think more about ourselves and living life now because you never know what's 一連の会議、交渉／完成する the corner,' says Mandy. 'I've got a tattoo on my inner arm that just says adventure before dementia.'
The pair are now fully retired, having sold their 商売／仕事 last year, which means they can take longer trips ? いつかs for more than two months at a time. Mandy blogs about her travels on her 適切な 指名するd website spendingkidsinheritance.com.
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/div> The pair are now fully retired, having sold their 商売／仕事 last year, which means they can take longer trips
'We're chugging through our 貯金 now. We 現実に are into that spending-the-相続物件 段階. But the kids are really supportive and I hope that one day our grandchildren will think how 冷静な／正味の it was that we decided to do this. Everyone will take if you give, but if they really love you they'll support whatever you want to do.'
Many of today's retirees are enjoying a comfortable 退職, having 利益d from generous workplace 年金 計画／陰謀s and にわか景気ing 所有物／資産／財産 prices.
Around 27 per cent of people 老年の above 65 ? or 3.1 million ? lived in a 世帯 with a total wealth above £1million in 2020, によれば the 最新の 分析 by the Intergenerational 創立／基礎 ? nearly quadruple the 846,000 living in millionaire 世帯s in 2010.
Pensioner 世帯s now have 普通の／平均（する） 使い捨てできる income of £2,496 a month (or £29,952 毎年). This is up some 63 per cent on 1999 ? even after adjusting for インフレーション, によれば 投資 壇・綱領・公約 Interactive 投資家.
This is higher than couples with two children, who have an 普通の／平均（する） 使い捨てできる income of £2,275 a month, or £27,300 a year. Alice Guy, 長，率いる of 年金s and 貯金 at Interactive 投資家, says: '増加するing 年金 incomes 反映する the 増加するing 明言する／公表する 年金 and also generous workplace 年金 計画／陰謀s. The 明言する／公表する 年金 ３倍になる lock has 徐々に 上げるd incomes, 解除するing millions of pensioners out of poverty.'
There's also 相続物件 税金 to consider. If you are a married couple with total 資産s above £1 million, 40 per cent 税金 may be 告発（する），告訴（する）／料金d on 量s passed on to your loved ones. Unmarried individuals who are not passing on a family home have a 税金-解放する／自由な allowance of just £325,000. So some take the 見解（をとる） that you may 同様に spend the money now.
'With rising life 見込みs and larger care home 法案s, working out how much 相続物件 will 現実に be left for your children may also be 価値（がある） thinking about,' says Victoria Ross, of 財政上の 助言者 Progeny. 'Your children need to be aware that receiving a large 相続物件 might not be a foregone 結論.'
法案 Samuel, 83, is also filling his 退職 with travel and experiences, although he takes his children and grandchildren along.
法案 has three daughters, eight grandchildren and one 広大な／多数の／重要な-grandchild. His daughters have told him they don't want to 相続する money when he dies. Instead, they want him to live life to the 十分な and for the family to 株 amazing experiences together.
法案 was an accountant before retiring. He is the grandson of William Foyle, famous for 設立するing the Foyles bookstore chain 含むing the 旗艦 蓄える／店 on Charing Cross Road in London.
法案 wouldn't 述べる himself as rich, but says he has 'enough money to see me through life with a bit left over'. He and his wife now take one of his daughters away each year, with their family, on 高級な holidays they couldn't 普通は afford. In the past １０年間 they've visited Borneo, Nepal, Tanzania, Kenya and Ecuador.
'I try to choose 場所s where my grandchildren will experience cultures or experiences they couldn't get in England,' says 法案. 'It's also [about] building up memories because I don't live の近くに to my grandchildren.'
They 範囲 in age from 13 to 33 and his three daughters are in their late forties and fifties.
法案's next trip is to the Grand Canyon with his eldest daughter, granddaughter and 広大な／多数の／重要な granddaughte r, who will be one.
'I really try to get to know my grandchildren and for them to know me. My grandfather was a 抱擁する 影響（力） on my young life ? but I knew nothing about his.'
Are you spending your kids' 相続物件? Tell us how by emailing money@mailonsunday.co.uk
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