Family agrees: it's your turn to travel
THERE will be no inheritance left by the time Evelyn Mollins and her husband Allan have finished their travels.
The Queensland couple are part of a growing trend of Australians aged 65 and over who are spending their hard-earned money on holiday experiences.
"My husband and I have worked hard for our whole lives," the 65-year-old former bank officer said.
"We have helped the kids along the way to get into their own homes.
"I just feel it's pretty much our time now."
Their three children are OK with this approach.
"They are desperate for us to do what we want to do," Evelyn said.
She has talked to a lot of people of a similar age who are worrying about leaving some money for their children.
"But they aren't living their life," she said.
"None of my kids are thinking along those lines. They're busy paying their mortgages and trying to make a decent living for themselves, but they aren't particularly worried about their future and passing on an inheritance.
"I don't think that it's even entered their heads, to be honest."
She has one friend who has only just been able to convince her retired husband to travel overseas for the first time "She said to him, 'as soon as we are gone, they are going to Flight Centre; we won't even be cold and they will have gone and booked their flights," Evelyn cheekily recounted.
The Scottish-born couple have travelled most of their adult life.
It's only now, with Allan retiring last month and Evelyn retiring five years ago, that their plans to extend their trips in Australia and to overseas destinations a few times a year can be put in place.
Their friends have recommended trying some short, small group tours with companies like Peregrine Adventures.
Taking extended holidays isn't in the plan as they still want to be involved in the lives of their six grandchildren.
"We still look after two of the little ones every Wednesday," Evelyn said.
Working to a budget they have know what money they will need to enjoy the newly purchased caravan, plus some overseas travel, for the next ten years, or so. "We're lucky to be in good health," Evelyn said.
Allan and Evelyn have a family joke around her engineer husband's tendency to leave buckets of grease in various places around the house. "We were having a laugh about not leaving them anything and our son said, 'why not leave us a bucket of grease each'," Evelyn said. "I said to Allan we should put that in the will so they can have a laugh after we have gone.