It’s Sunday, which means...It’s recap time! This week’s theme was 2021 Economic Predictions.

Here’s what I covered in each episode this week:

  • Inflation
  • The Grad Experiment of our ever-growing debt
  • Forebearance and foreclosures and the possibility for a future fallout
  • Skyrocketing savings rates, especially among those who remained employed during Covid
  • And lastly, why “this pandemic is likely to be “THE lifetime defining event for this collection of global inhabitants”.

Hopefully after listening to the One Minute Retirement Tip podcast this week, you have an idea of the trends that may shape the economy in 2021 and how to connect the dots between the economy, your investments, and you.

My prediction for 2021 is growth. I think we’ll emerge from the pandemic, our economy will start to normalize and grow and as a result, the stock market and your 401k will be just fine. But as I stated earlier in the week: “the only function of economic forecasting is to make astrology look respectable.”

Considering I don’t believe in astrology, take that for what it’s worth. No one knows, but we can look at the current state of the world and pay attention to the direction we’re moving in to indicate what lies ahead.

Tomorrow, we are starting a brand new theme: 5 Things We've Learned In 50 Years. I’m bringing my dad on this show, and he and I are going to be talking about the 5 most important things we’ve learned working with clients for a combined 50 years.

He’s been a financial advisor since 1982. I’ve been at this since 2007. Which means that collectively, that’s 52 years of working with clients.

He’s learned a lot over that time, and I’m excited to bring him onto the podcast for the first time to share his wisdom with you.

And before you go, be sure to check out my YouTube channel - True North Retirement, where I post a new livestream every Sunday. Today at 11am Pacific, 2pm Eastern, I’ll do a deeper dive sneak peak into the theme for next week, so head on over to True North Retirement on YouTube and subscribe.

That’s it for this week! Thanks for listening and I hope you have a blessed Sunday!

My name is Ashley Micciche and this is the “One Minute Retirement Tip”.

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