Last year, more than seven hundred and fifty thousand people in Australia over the age of 50 embarked on luxury cruise trips. (photo by Australian News Network)
The days when retired parents or grandparents' hard-earned money eventually went into the pockets of future generations are gone, according to the Australian News website. Australia's baby boomers have found other ways to spend their own money, with a total of A $ five hundred and fifty five million nine hundred and ninety nine thousand nine hundred and ninety nine a year, according to new data.
Last year, more than seven hundred and fifty thousand people in Australia over the age of 50 embarked on luxury cruise trips, accounting for 1 / 10 of the baby boomers at a total cost of A $ five hundred and fifty five million nine hundred and ninety nine thousand nine hundred and ninety nine, according to new data from Finder, a financial comparison website. The average cost of a couple's nine-day trip is A $1467.
According to a survey of 5770 members of the Australian elderly Association (National Seniors Australia), leaving savings to children is no longer the top priority for older people, and many now spend their money on their own trips.
One example is Sydney's 69-year-old couple, Anita (Anita) and Alan (Allan). They love their two grown-up daughters very much, but they travel several times a year and, more recently, cruise ships.
Anita said they used to spend money on supporting their children to school, but now it's time to pay more attention to themselves. Children have been supported to get a good education and have the best jobs, parents can't take care of them all their lives, they should take care of themselves now. So, as long as time and money allow, the couple will choose to travel.
The Australian baby boomers travel aboard cruise ships to New Zealand, the Mediterranean, Asia, northern Europe, Alaska and even Antarctica, according to Finder. Last year, the average age of Australians travelling by cruise ship was 67.
Hassan (Bessie Hassan), an insurance expert at Finder, points out that cruise travel is the greatest desire of many older Australians. They are entitled to expensive holiday trips. Older people prefer long expeditions, at the expense of crossing the Atlantic and traveling around the world. But he reminds all tourists, especially older ones, that it is important to buy proper travel insurance before they travel.