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b"In this episode of the Planned Solutions Incorporated Podcast, There is a discrepancy between the official government price data for shelter (rents) and the data reported by multiple private data providers. The US government numbers show rents increasing 6.5% over the past year while private data reports a 2.1% decrease in rents. Many economists and investors believe the private data to be more accurate and up to date causing them to price in a sharp decrease in inflation in the next three to six months.\\n\\nAlso, Early signs show that consumers continued to increase their spending during the holiday season, albeit at a slower pace than the prior year. This is a good sign for the economy as consumer\\nspending represents approximately 70% of US economic output. However, there are indications that US consumers are becoming more price-conscious.\\n\\nAnd, The IRS has announced that it will not enforce penalties on\\nowners of inherited IRAs that fail to take Required Minimum Distributions (RMDs) in 2023. However, the IRS will still require that the RMD amount be distributed even if it is done in the following year which can create some tax planning challenges. Therefore, owners of an inherited IRA may still benefit from taking taxable income from the account in 2023 to reduce their overall tax burden.\\n\\nPlus a look at the Planned Solutions Incorporated Office Bulletin Board - The New Year is a great time to set or update goals including financial goals. When making\\nfinancial goals it is best to set SMART goals. These are the goals that are:\\nSpecific (S) \\u2013 Instead of making general or broad goals be specific about what you want to\\nachieve.\\nMeasurable (M) \\u2013 Determine how you will measure the goal and know whether or not you have\\nachieved it ahead of time.\\nAchievable (A) \\u2013 Make sure your goals are realistic taking into account real-life challenges and\\nconstraints. Achievable goals can be motivating. Unachievable goals can be demotivating.\\nRelevant (R) \\u2013 Make sure your goals will put you on track for success. Ask yourself: Will the\\nachievement of these goals lead to the desired result?\\nTime-Bound (T) \\u2013 Make sure to give each goal a deadline as to when you want to achieve your\\nobjective. \\n\\nChase Armer's book- Financial Planning Insights is now available at:\\nhttps://www.amazon.com/Financial-Planning-Insights-Decades-Planner/dp/1098306279?ref_=ast_author_mpb\\n\\nTo subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail Katie@PlannedSolutions.com\\n\\nThe Personal Finance Review is published and distributed biweekly by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action.\\n\\nPlanned Solutions, Inc."