Passport Question

I would get it renewed especially if you are planning to use it after February since you have plenty of time prior to your trip. From what I can recall you are at the margin of acceptability and I would not take the risk.

We are booked for the last two weeks of January next year. I see my passport expires on February 27, 2022. Am I good to go?

If you do not have 6 months left on your passport before entry into Mexico you will be denied boarding.