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Financial Planning Information

Sherman Wealth Management provides you with relevant financial planning information to give you the resources you need to make informed choices. Read through our posts below and contact us to set up a free call for more information on creating a custom financial plan.

January 8, 2019

Now is the time to check your W-4

The White House announced yesterday that tax refunds would be processed even though the government is still shut down. Which reminded me that now is a great time to revisit your W-4. Why? Because t’s very, very likely that the W-4 form on file with your employer is off. Last year, the Treasury Department and the […]
January 7, 2019

Weekly Market Review 1/4/2019

Staying in theme, it was another wild week for stocks. Investors, who are probably over the volatility from 2018, were unfortunately required to sit through a couple more brutal sessions on Wednesday and Thursday, as the Dow Jones Industrial Average notched its worst start a year since 2000. However, following a reassuring tone from Fed […]
January 2, 2019

The Bridge Between Financial Planning and Reduced Stress

As we sit down to reflect on 2018 and prepare for the coming year, no doubt that for many stress over financial issues comes to mind quickly. Year after year we see the same types of studies and the alarming statistics they produce in regards to savings and retirement planning (or lack thereof). Almost half […]
December 17, 2018

Weekly Market Review 12/14/2018

Domestic markets endured another uneventful week, with two of the three major US indices posting losses over 1% for the period. Coming into the month of December, we were told how, historically, this is a bullish time of year for equities. Unfortunately, “historically” is just another term for “average” and while December may typically be […]
December 9, 2018

Weekly Market Review 12/07/2018

We experienced more of the choppy environment in equities this past week. Although these types of swings are more common than many realize (remember, the low volatility environment of 2017 was the real anomaly), we understand that large down days in the market can be bothersome. Most of the drama occurred early on Monday, after […]
November 29, 2018

Is Your Mutual Fund Tax Efficient?

Well, it’s that time of year again. That time when mutual fund companies report distributions for capital gains taxes. Just in time for the holidays and a total buzzkill on all of that discretionary spending you planned on participating in.   “But I’m in a Buy & Hold portfolio and didn’t sell. How can I […]
November 1, 2018

The 2019 Contribution Limits Are Here!

Great news for savers! The IRS announced today that taxpayers will be able to contribute $6,000 to their traditional individual retirement accounts in 2019, up from the $5,500 level in place since 2013. Participants in 401(k) plans will be able to set aside up to $19,000 before taxes next year, up from $18,500. This is a […]
September 20, 2018

Be on the same team! Talking about and managing finances together

Money woes are the leading cause of divorce in American couples. Over ⅓ of people in the United States have stated that financial pressure was the biggest challenge their marriage has faced in the past, and ¼ of Americans have said most of their arguments are money-related. As a financial planner, I work with a […]
July 30, 2018

What is an HSA and Why Is It Important

  You’ve likely heard that having an HSA can help you to lower the cost of your medical care – but studies have shown that only 17% of people enrolled in group health plans are using their HSA. And of the people who are using their HSA, only a few of them are contributing the […]
July 19, 2018

Good Judge-ment Means Good Planning

Were you surprised to learn that Brett Kavanaugh, a Supreme Court justice nominee with an annual income of $247,000, could have racked up debt and saved so little for retirement?  A recent article in Vanity Fair reports that the Washington native accrued between $60,000 and $200,000 on three credit cards and a loan for Washington […]