Ep 109: Goodbye 2020 – How to Financially Prepare for 2021 and Beyond

We’ve finally reached the end of 2020 and everyone is looking forward to turning the page to a new year. These past ten months have been a financial burden on so many CRNAs and their family and friends, but now is an opportunity to assess your future and make the changes you need. Financial planning can feel overwhelming so we put together a checklist to guide you through the most important areas of your money.

Read more and get additional resources here: https://beyondthemaskpodcast.com/ep-109-goodbye-2020-how-to-financially-prepare-for-2021-and-beyond/2754/ 

Learn more about CRNA Financial Planning: https://www.crnafinancialplanning.com/ 

Get the CE certificate here: https://beyondthemaskpodcast.com/wp-content/uploads/2020/04/Beyond-the-Mask-CE-Cert-FILLABLE.pdf

What we discuss on this episode: 

6:52 – How Sharon & Jeremy feel about the vaccine  

9:49 – The financial topics we’re going to cover on this show

12:03 – Are you scared?   

13:21 – People have spent less this year

14:58 – Make sure you have your emergency reserve fund

16:20 – Should you refinance your mortgage?

20:00 – Have you checked your credit recently?  

26:21 – Investing considerations for 2021

29:20 – Where will taxes go in the future

31:52 – Retirement contributions

33:20 – College funding

34:20 – If you’re getting close to retirement

38:32 – Charitable giving

41:54 – Estate planning

46:55 – Thoughts on the continuing rise in CRNA salaries.

49:32  – What could the government do differently?