Month: February 2024

Navigating Life’s Milestones With Financial Planning

Navigating Life’s Milestones With Financial Planning

Life is a journey marked by various milestones, each accompanied by its own unique set of challenges and opportunities. As humans, we all have goals and milestones that look different, but may involve similar finanicial strategies to achieve them. Whether you’re saving for a down payment on your first home, planning for your children’s education,…

Ep. 177 Launch Financial- Food Costs Continue To Rise As We Await Consumer Confidence Report

Overview: Tune into this week’s episode of Launch Financial as we discuss a slew of continued earnings reports and economic data that the market will continue to digest as the Federal Reserve makes their analysis on future interest rate policy. More economic data is on slate later this week, so stay tuned for an emergency press…

Ep. 175 Launch Financial- January CPI Comes In Hotter Than Expected

Overview: Tune into this week’s episode of Launch Financial as we discuss January CPI data coming in hotter than expected. We will continue to watch how this will impact the Fed’s decision on future interest rate policy and the potenital of cutting interest rates in the back half of the year.    Show Notes: Check out…

Why We Believe In Financial Planning Simplified

Why We Believe In Financial Planning Simplified

At Sherman Wealth, we believe that financial planning doesn’t need to be complicated, especially as your life becomes more over time. Our mission is financial planning simplified- helping you mitigate stress, overcome feelings of overwhelm, and take charge of your future with confidence. Whether you’re just starting out or looking to refine your existing plan,…

How Much Cash To Have in Savings: An Art & Science

How Much Cash To Have in Savings: An Art & Science

In today’s ever-changing financial landscape, determining how much savings you should have is not a one-size-fits-all answer. It’s both an art and a science, and is highly specific to your personal financial situation and influenced by various factors in your life, such as job security, interest rates, financial goals, economic conditions, and more. We want…

February: Financial Fitness Month – Your Checklist for a Healthier Financial Household

February: Financial Fitness Month – Your Checklist for a Healthier Financial Household

As February rolls in, it brings with it not just the season of love but also an opportunity to focus on another crucial aspect of our lives: our financial well-being. February is recognized as Financial Fitness Month, a time that can be allotted to assessing, improving, and fortifying our financial health. Just as we prioritize…

Ep. 174 Launch Financial- Consumers Face High Interest Rates On Credit Cards Amid February Financial Fitness Month

Overview: Tune into this week’s episode of Launch Financial as we discuss a slew of economic data including the Federal Reserve deciding to hold interest rates steady and signaling there may not be enough data to cut rates at the next meeting. However, amidst this economic data, the consumer is continuing the spend as interest rates…

The IRS Increased Retirement Contribution Limits for 2024

The IRS Increased Retirement Contribution Limits for 2024

The IRS announced the new 2024 retirement contribution limits for 401(k) plans, IRAs and other accounts last year, which include increases. This is a great opportunity for retirement savers to increase their savings rate this year. So, let’s take a look. The employee contribution limit for 401(k)s will be increasing this year by $500, to…