• Most homeowners think a reverse mortgage is a last-resort option. Here's why they're wrong

    Savvy homeowners can use the loan to maximize their resources in retirement
    Reverse mortgages are traditionally thought of as a last-resort option for seniors who want to stay in their homes but have little resources and few options left. But research has proven otherwise. For those over 62 who want to age in place, a reverse mortgage can be a beneficial financial planning tool for more well-off borrowers in a number of ways.
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  • How much equity can you extract with a reverse mortgage? This calculator will tell you

    Retirement researcher Wade Pfau's online tool breaks it down
    A well-known figure in the retirement income world, Wade Pfau has been vocal about the benefits of using a reverse mortgage to fend against financial shocks in retirement. Pfau has published a series of articles about reverse mortgages, seeking to demystify the product and explain strategies for its use. In his latest, he offers an online calculator to help homeowners estimate the amount of proceeds they could obtain through the loan.
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