About $150 billion of farm assets will change hands soon
She says more than half of farmers have not discussed succession, and diversifying beyond the farm protects families.
|October 29, 2026Listen to the full interview:
About $150 billion of farming assets is due to change hands over the next decade.
Generate TPA distribution manager Paula Damen says more than half of farmers have not discussed succession.
“Don’t have all your eggs in one basket,” she says.
Many farms for sale at the same time will squeeze prices, so families need to plan early.
Damen says farmers may be surprised when they calculate their actual return on the farm. Starting early with even small amounts compounds over time, and KiwiSaver is protected from creditors.
Watch the full interview:
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