Updated
Updated · KCRA Sacramento · Sep 1
Advisor Kathryn McCall Explains S.K.I. Trend for Retirees Spending Kids' Inheritance on Travel
Updated
Updated · KCRA Sacramento · Sep 1

Advisor Kathryn McCall Explains S.K.I. Trend for Retirees Spending Kids' Inheritance on Travel

1 articles · Updated · KCRA Sacramento · Sep 1

Summary

  • KCRA 3 featured financial advisor Kathryn McCall explaining the S.K.I. trend—"spend kids inheritance"—as more retirees prioritize experiences and travel over leaving all savings to their children.
  • McCall focused on how older adults can budget for that lifestyle shift, framing retirement spending around maximizing enjoyment while managing available wealth.
  • The segment presented S.K.I. as a personal-finance approach in which inheritance becomes a lower priority than using retirement assets during life.

Insights

How are modern retirees using the S.K.I. method to transform their wealth into experiences without going broke?
What happens to the next generation's financial stability when parents decide to spend their inheritance on travel?
Could the trend of spending your kids' inheritance secretly jeopardize your own future healthcare needs?