Suze Orman says don’t take a reverse mortgage in your 60s

by Shannon Hicks
| 2 Comments
| November 29, 2021

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EPISODE #698
Suze Orman says don’t take a reverse mortgage in your 60s

Celebrity financial commentator Suze Orman has always had much to say about reverse mortgages. Editorials24 summarizes her recent financial advice on money mistakes to avoid, and one is to not get a reverse mortgage in your 60s…

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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.

2 Comments

Michael J Friedman
December 1, 2021 at 6:53 am
Hey Shannon, let’s send a message to Suzie Orman letting her know:

Some people have the belief that a reverse mortgage is a loan of last resort. This is WRONG. This way of thinking can rob seniors/older adults of years of financial wellness. People are living longer but not increasing the accumulated wealth needed to support a longer life of retirement.

She is not my favorite.
Michael Friedman
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- RM Advisor
  December 2, 2021 at 3:45 pm
  Don’t waste your time. Size has heard it all before. Being against reverse mortgages helps her marketing efforts.
  
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