Podcast #631: Forbes: Housing as solution for retirement crisis

by Shannon Hicks
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| August 17, 2020

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Show Summary

Forbes: Housing as a solution to the retirement crisis: ‘There are three pillars to retirement; your home, retirement savings and social security. Independently, none of these are adequate for the average American

Other Stories:

[From Open PR] Kyle Johnson, son of Nichelle Nichols, the iconic Star Trek star, filed a countersuit against his mother’s manager Gilbert Bell. The suit accuses Bell of elder abuse, theft, fraud, and additional charges related to Bell’s bilking Nichols of significant assets including appearance fees, her pension, Social Security, and her Woodland Hills, CA home.

The countersuit alleges that in 2012, Bell temporarily moved into a second house on Nichols’ property and continues to live in the house under a fraudulent lease and a succeeding invalid reverse mortgage.
Final reverse mortgage rules adopted by the New York Department of Financial Services

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.