As women in Australia increasingly take control of their financial futures, it’s important to recognise the unique challenges they face—and the strategies available to overcome them. From lower superannuation balances to longer life expectancy, women must plan carefully to ensure financial security throughout their lives and into retirement.
As a business owner, you may find yourself investing every spare dollar into your enterprise, with little left to contribute to your superannuation. While this approach might make sense in the short term, relying solely on your business as your retirement nest egg carries significant risks. If you’re approaching retirement age, now is the time to reconsider your superannuation strategy and ensure you’re building a secure future for yourself and your family, independent of your business.
As the cost of living rises, many Australian families are exploring the idea of multi-generational living. This approach offers financial benefits but also requires careful planning to ensure everyone involved is protected. However, the conversation around generational wealth goes beyond just property sharing. It's about long-term strategies that help preserve and pass down wealth to future generations.
