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HECMs may defuse these 4 retirement time bombs

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These 4 retirement time bombs may be defused with a reverse mortgage.

Older Americans are facing significant challenges navigating today’s uncertain economy. More specifically, they may be at risk of one or more of these retirement time bombs; each of which may, under the right circumstances, be mitigated or even eliminated by tapping into their housing wealth with a reverse mortgage. 


#1 Time Bomb: Pensions

First, and rarely discussed is the risk posed to public pension plans from private equity losses. The Guardian reports…

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Editor in Chief: HECMWorld.com
 
As a prominent commentator and Editor in Chief at HECMWorld.com, Shannon Hicks has played a pivotal role in reshaping the conversation around reverse mortgages. His unique perspectives and deep understanding of the industry have not only educated countless readers but has also contributed to introducing practical strategies utilizing housing wealth with a reverse mortgage.
 
Shannon’s journey into the world of reverse mortgages began in 2002 as an originator and his prior work in the financial services industry. Shannon has been covering reverse mortgage news stories since 2008 when he launched the podcast HECMWorld Weekly. Later, in 2010 he began producing the weekly video series The Industry Leader Update and Friday’s Food for Thought.
 
Readers wishing to submit stories or interview requests can reach our team at: info@hecmworld.com.

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5 Comments

  1. Huge financial Time Bomb for current and upcoming Seniors is not planning for or able to get Long Term Care,

  2. Thank you doe this. Hope more financial planners and realtors can watch this, and open their awareness/

  3. Well Said Shannon, all 4 time bombs are looming. Thank you for your wisdom !


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