Ep. 393: Bold Predictions for 2021…Yeah, We Know.

Get expert answers to your questions about money. Email us at: askpete@petetheplanner.com

This week on the Pete the Planner Show, 2020 wraps up and Pete and Damian introduce 2021 with bold predictions about what could happen this year? If that’s even possible…

REMINDER: In the first six months of 2021, we’re going to make over five families’ financial lives, LIVE on the air! WE’RE GIVING AWAY FIVE FREE HEY MONEY, MEMBERSHIPS to walk with them across six months telling their stories about their struggles in personal finances.

No time to listen? BUMMER. Here’s some of what happened:

Show Notes:

Listener Question:

    • “My wife and I are 32 and 29, respectively, no kids, no debt (yet). How much term life insurance coverage should we get?”
      • Damian: Yes, they need life insurance. There’s a lot of life ahead of you, hopefully.
      • Pete: “1200 square feet… in Boston… four future people…you’re right, Damian. They’re doing a good job of planning.”
      • Damian: “Another thing they could do is ladder some term policies. Maybe the first one is for 15 or 20 years, but also buy a policy that covers 30 years, too. Make sure that the values add up to the total amount you want to cover for those time periods. Heck of a strategy.

 

BOLD PREDICTIONS:

    • TUNE IN to hear Pete and Damian’s predictions on:
      • What will the S&P do in 2021?
      • When will the economy be out of recession?
      • What is the breakout company/stock?
      • What is the breakout industry?
      • In which month would you go to a crowded movie theater with no mask?

 

There’s so much more in the full show, listener question, prediction answers and the BWOM!  — click PLAY below for the full show.


While you’re here, give your personal finances a facelift. Try out our personal guidance platform: Hey Money.

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