Generational Wealth in Australia refers to the financial assets, property, and businesses transferred between generations of families. This wealth transfer is set to reshape the nation’s economic landscape, with an estimated $3.5 trillion transitioning from Baby Boomers to younger generations over the next two decades.

For many of your clients, wealth transfers aren’t just about finances – it’s a deeply personal and emotional decision. It’s about safeguarding their family’s future, preserving their legacy, and ensuring their hard-earned success continues for generations. This wealth can have various forms, including superannuation, real estate, other investments, family businesses, or legal structures such as investment bonds and trusts.

The implications of this intergenerational wealth transfer are profound, influencing financial planning, consumer behaviour, and the broader economy. That is why at Generation Life, we want to support and empower you towards proactively engaging your clients in intergenerational wealth planning today – securing your clients’ financial futures that further strengthens your relationships with them.