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Retiring Soon? Plan More Than Just Your Money

As you approach retirement, it’s essential to plan for more than just your finances. While money is undoubtedly a crucial part of a comfortable retirement, planning for the emotional, social, and physical aspects of your life can significantly enhance your overall well-being during your retirement.

Ensuring a fulfilling retirement involves mapping out how you will spend your time, maintaining social connections, staying active and healthy, and pursuing hobbies or interests that you enjoy.

Retirement Planning Checklist

Maintain your Social Connections

On top of planning for your finances, it is essential to maintain your relationships with your friends, family, and those within your community. Maintaining these social connections can help you avoid feelings of isolation or loneliness.

Look into Leisure Activities and Hobbies

Planning for leisure activities, hobbies, volunteering or even learning a new skill can bring joy and a sense of purpose to your retirement years.

Take Care of Your Health

It’s important to focus on your physical and mental well-being. Ensure that you establish a routine that includes regular exercise, a balanced diet, proper sleep, and activities to stimulate your mind, such as reading.

Have Your Estate Plan in Place

Estate planning is a crucial task that you should prioritize as you near retirement to ensure your assets are distributed according to your wishes. Creating a comprehensive estate plan not only safeguards your wealth but also provides clarity and peace of mind for you and your loved ones.

Generate Cash Flow for Retirement with Bloom

Part of a care-free retirement is being able to sleep at night knowing that you have financial stability and a steady stream of income to rely on.

Established in 1985, Bloom Investment Counsel, Inc. is a Toronto-based independent investment management firm that specializes in creating and actively managing diversified, customized portfolios of Canadian and U.S. dividend-paying stocks for our clients.

Our customized dividend-paying investment portfolios can help you generate an additional stream of income for a stable cash flow during retirement if desired, while continuing to preserve and build wealth. For more information, call us today at +1–416–861–9941 or email us at

This content is provided for general informational purposes only and does not constitute financial, investment, tax, legal or accounting advice nor does it constitute an offer or solicitation to buy or sell any securities referred to. Individual circumstances and current events are critical to sound investment planning; anyone wishing to act on this content should consult with his or her financial partner or advisor.

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