retirement

Australians are flocking to reverse mortgages

Shannon HicksNovember 6, 2023November 7, 2023

by Shannon HicksNovember 6, 2023November 7, 20230320

After two years of engagement and feedback from HECM lenders, servicers, consumer advocates, and other housing industry participants the Federal Housing Administration (FHA) released its updated handbook which consolidates HECM policies.

Inflation Exposed: Increasing costs and asset classes

Shannon HicksOctober 9, 2023October 9, 2023

by Shannon HicksOctober 9, 2023October 9, 20230650

Today, every American consumer is feeling the pain in their pocketbooks as a result of our government’s unchecked spending as the purchasing power of the U.S. dollar continues to decline making goods and services that more expensive. But just how much more expensive?

This surprise expense is likely to upend retirees budgets

Shannon HicksSeptember 25, 2023September 22, 2023

by Shannon HicksSeptember 25, 2023September 22, 20233 622

Recent research from T-Rowe Price shows this expense is most likely to upend retirees' budgets. Hint: it's not healthcare...

The Problem with Being House-Rich

Shannon HicksSeptember 18, 2023September 19, 2023

by Shannon HicksSeptember 18, 2023September 19, 20231739

There are some big problems of being house-rich that most homeowners are unaware of. Here they are...

How a HECM could save uninsured homeowners from disaster

Shannon HicksSeptember 4, 2023September 5, 2023

by Shannon HicksSeptember 4, 2023September 5, 20231964

The casino is a suitable place to roll the dice and take your chances- win or lose. However, gambling with the security of your largest asset and risking the roof over your head is not. Survey reveals more homeowners are uninsured The Insurance Information Institute reports that 5% more