In the modern world, people's attitude towards financial planning has experienced a significant shift. With the rising standard of living, retirement plans have evolved in many countries from saving money for the next generation to the idea of living a comfortable post-retirement life. Despite the fact that some people believe it is an unfavorable trend, I would argue that it is a positive development.

Firstly, people have the right to spend their earnings in whatever manner they prefer, and retiring individuals are no exception. It is a common saying that 'You only live once, ' and undoubtedly, retirees have the right to indulge themselves in their long-awaited leisure time. For instance, they can travel around the globe, take up a new hobby, buy themselves a new car, renovate their home, etc. These things make them feel happy and fulfilled, which ultimately contributes to their overall well-being.

Secondly, financial independence of the seniors is vital in today's world. With an increase in life expectancy, more people are now living independently, and they need to be financially secure to maintain this independence. Moreover, some governments or organizations have retirement schemes that these individuals have paid for, and therefore, they are entitled to spend the money that they receive as retirement benefits. This situation also frees their adult children from any financial obligations, allowing the latter to focus solely on their careers and find their own financial footing.

In conclusion, while it may seem to be an unfavorable trend, retirees' spending their money for personal fulfillment instead of saving for their children is actually a positive development. Everyone deserves to live and enjoy their retirement to the fullest, and fulfilling this dream requires a financial plan that secures their independence and well-being.