HPF Summit · Session with Reine ClemowThe Legacy Gap
What dads are getting wrong about helping their kids financially.
Most dads have a clear intention: give their children a better start. The harder question is whether the financial decisions you're making today are actually designed to deliver it — without sacrificing your own freedom along the way.
Where good intentions fall short
In the session we work through five places where a dad's plan for his family often breaks down. Score yourself honestly — the lowest score is usually where the biggest opportunity sits.
01 · Intention
Wanting to give your kids a better start isn't a plan. What exactly do you want to make possible — and when?
02 · Time
$500 a month from birth could grow to around $215,000 by 18. Start at age 10 and it's closer to $64,000. Waiting is expensive.
03 · Structure
It's not only what you own, it's how you own it. Tax on kids' income, CGT on transfers and super death benefits can quietly erode what reaches them.
04 · Freedom
Helping your children shouldn't cost you your own independence. Know your freedom number before you make promises.
05 · Action
Good intentions, reviewed once and acted on, beat perfect plans that never leave the drawer.
The calculators
Open each one when we get to it in the session — or anytime afterwards. Each opens in a new tab, and you can email yourself a summary of your results to come back to.
Take the workbook home
The four-page Legacy Gap workbook walks you through the same thinking: what you want to make possible, the cost of waiting, the structure traps to recognise, and your family legacy blueprint.
Download the workbook (PDF)If your children copied the way you make financial decisions today, would you be proud of the habits they inherited?
General information only. Personal circumstances, tax treatment and suitability vary. This material and the calculators are illustrative, are not a prediction, and are not personal financial advice.