Boomers are increasingly opting to spend their pension savings to enjoy their retirement instead of leaving it for their children and grandchildren, according to new research. Data from over 50s experts SunLife reveals a growing “divise” among Britons regarding inheritance. While 50 per cent of those aged 70 and above express a desire to leave an inheritance, only 40 per cent of 50-59 year olds share this sentiment. Notably, a third of people over 50 would prefer to spend their children’s inheritance on enjoying their own retirement, even if it means leaving nothing behind. This shift in prior…
