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.
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.
For many busy professionals, achieving financial freedom and retiring early are enticing goals. However, between career demands, family obligations, and maintaining your current lifestyle, it can feel overwhelming to balance immediate financial needs with long-term wealth-building strategies.
As you approach your 50s, retirement transforms from a distant dream to a rapidly approaching reality. Now is the time to strategically plan and secure the comfortable retirement you’ve always envisioned. This stage of life marks a critical period where the focus should shift from merely accumulating wealth to strategically managing and preserving it for the years ahead.
As the new financial year unfolds, high-net-worth professionals and families often reflect on their financial legacy and the strategies needed to safeguard it. The dynamics within families are constantly evolving, bringing about changes that can significantly impact wealth.
The Australian Government frequently updates the rules around superannuation, making it a dynamic area to navigate. Despite these regular changes, superannuation remains a valuable and tax-effective tool for retirement savings.
As a small business owner, you’ve likely invested heavily in your business, often at the expense of making personal superannuation contributions. The good news is that the small business CGT concessions may offer an opportunity for you to reduce Capital Gains Tax (CGT) and catch up on your superannuation contributions.
The 2024 Federal Budget, unveiled by Treasurer Jim Chalmers on 14 May, delivers essential updates for our financial planning clients.
Typically high earners and those with high net wealth have complexity and that can get in the way of practical wealth building and management. Over
