This financial planning guide is designed specifically for Generation X, individuals born between 1965 and 1980, acknowledging their unique identity, values, and aspirations shaped by a blend of analog childhoods and digital adulthoods. It systematically addresses the distinct financial challenges this generation faces, such as being the "sandwich generation" supporting both parents and children, navigating significant debt, and adapting to a volatile job market. The core purpose of the guide is to provide a comprehensive roadmap for financial success, covering fundamental planning principles like goal setting and budgeting, strategies for building passive income and diverse investment portfolios, and crucial aspects like retirement planning, legacy creation, and intergenerational wealth transfer, all while emphasising work-life balance and financial independence.

This podcast serves as a resource examining the Baby Boomer generation as of June 2025. It explores their defining cultural experiences from music and television to social movements and sporting heroes, illustrating how these shaped Australian society. The document then details the financial realities of this generation, particularly their significant property wealth and their role as the "Bank of Mum and Dad," while also addressing contemporary financial challenges like retirement income gaps and longevity risk. Finally, it discusses how Baby Boomers are reshaping retirement through active aging and "encore careers," offering strategic advice on wealth management, estate planning, and health considerations for their next life chapter.

The provided sources offer comprehensive guidance on retirement planning for Australians, primarily focusing on a document titled "When Can I Retire? Australian Retirement Readiness Guide" and referencing "Financial Deep-Dive." The main guide explores financial and emotional indicators of retirement readiness, outlining crucial Australian retirement age requirements like preservation age (60) and Age Pension age (67). It details the three pillars of Australia's retirement income system—Age Pension, Superannuation, and Personal Savings—and provides ASFA Retirement Standards for modest versus comfortable lifestyles. Furthermore, the source highlights common retirement planning mistakes and introduces Hudson Financial Partners as specialists offering comprehensive services, from assessments and strategic planning to transition management and ongoing support, using a real client success story to illustrate their approach.