Can I Migrate from my OCLP iMac to a new Mac?

Hey gang- running my late-2013 iMac 27 with Sonoma 14.7.2 and OCLP 2.2.0. I have hourly Time Machine backups on my 3TB Apple Time Capsule. I'll cut to the chase- can I Migrate from Time Machine to a new Mac when I eventually have to get one?

This is my daily driver so I am pretty cautious with updates and backups. It's purring so beautifully I tend to forget that it's a 12 year old computer! And the 4TB SSD I put in two years doesn't hurt! But when the time comes, can I Migrate in standard fashion from my iMac to a new M chip Mac?

Thanks all!