As retirement draws near, your financial world begins to look a little different. You’re less focused on income growth and more concerned with protecting what you’ve built—and that includes reviewing personal insurance.
At some point, every successful family will face a critical question: how do we ensure our wealth is passed down efficiently, securely, and in a way that benefits future generations? Whether it’s a family business, a property portfolio, or carefully built investments, structuring wealth transfer correctly is crucial to preserving its value.
Treasurer Jim Chalmers handed down the Federal Budget on 25 March 2025, revealing a $27.6 billion deficit for the current financial year and forecasting continued deficits across the forward estimates. Despite this, net debt remains stable at $556 billion.
The Now & Next Autumn 2025 edition explores critical financial planning topics, offering expert insights on estate management, intergenerational wealth transfers, and financial support for grandchildren.
Transferring wealth across generations may seem straightforward—assets are passed down, and the next generation continues to build on them.
Early retirement holds an irresistible appeal for many Australians: the chance to leave behind the daily grind, focus on personal passions, and live life on your own terms.
In Part 1 of this series, we discussed the importance of proactive exit planning and assessing whether your business is ready for sale.
Discover smart ways to boost your income and navigate aged care decisions with confidence in the Summer 2025 issue of Now&Next—click to read more!
For many business owners, their enterprise is more than a source of income—it’s the culmination of years of effort, vision, and dedication. However, transitioning out of a business is an eventuality that many owners face, whether to retire, pursue new opportunities, or capitalise on the value they’ve built.
