Our Blog | Bloom Investment Counsel, Inc.

Financial Advice for Retirees and Seniors

Written by Bloom Investment Counsel, Inc. on June 12, 2023. Posted in Financial Literacy. No Comments on Financial Advice for Retirees and Seniors

Retirement is a big milestone in your life, and planning for it in advance is important. While you can save for retirement in many ways, if you are a retiree or a senior, you should be aware of the financial advice that can help you make the most of your retirement years.

In this article, we provide financial advice for retirees and seniors to help you make the most of your retirement funds. We discuss topics such as budgeting, managing debt, estate planning, and more.

Strategies to Minimize Capital Gains Tax

Written by Bloom Investment Counsel, Inc. on June 12, 2023. Posted in Investing. No Comments on Strategies to Minimize Capital Gains Tax

The purpose of investing is to maximize your returns. However, the more you make when you sell investments for a profit, the greater your capital gains tax. Thankfully, capital gains receive more favourable tax treatment than ordinary income and there are legal strategies to minimize your capital gains tax even further.

Financial Advice for Young Adults

Written by Bloom Investment Counsel, Inc. on June 5, 2023. Posted in Financial Literacy. No Comments on Financial Advice for Young Adults

Financial advice is important for young adults. As they enter adulthood, they are faced with many financial decisions that will have a lasting impact on their lives. It is important that they understand the basics of budgeting, saving, investing, and managing debt to successfully make sound financial decisions. Unfortunately, many young adults are not aware of the importance of financial planning and budgeting.

With the right guidance and advice, young adults can make informed decisions that will help them secure their financial future. This article will provide advice on how young adults can get started with financial planning and budgeting so that they can make the most out of their money.

Generating Cash Flow in Retirement

Written by Bloom Investment Counsel, Inc. on June 5, 2023. Posted in Retirement. No Comments on Generating Cash Flow in Retirement

One of the greatest fears for retirees is outliving their financial assets, a risk known as “longevity risk”. Proper pre-retirement planning and optimizing cash flow strategies will greatly reduce this anxiety and provide for a more secure retirement.

Expecting a Newborn? 4 Tips on How to be Financially Prepared for a Baby

Written by Bloom Investment Counsel, Inc. on May 29, 2023. Posted in Life Events. No Comments on Expecting a Newborn? 4 Tips on How to be Financially Prepared for a Baby

Having a baby is an exciting and life-changing experience, but it can also bring financial stress. To ensure that you and your family are financially prepared for the arrival of your new bundle of joy, it is important to plan ahead and create a budget. From setting aside funds for childcare to investing in life insurance, there are several steps you can take to make sure you are financially prepared for the arrival of your baby. In this article, we will discuss some tips on how to be financially prepared for a baby so that you can focus on what matters most – enjoying this special time with your family.