How much equity can you extract with a reverse mortgage? This calculator will tell you

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.