Faculty Publications

Title

Increasing the Sustainable Withdrawal Rate Using the Standby Reverse Mortgage

Document Type

Article

Publication Date

2013

Abstract

This study investigates maximum real sustainable withdrawal rates (SWRs) for retirement plans that incorporate the use of standby reverse mortgages (SRMs). The SWR is defined as the maximum real withdrawal rate with a minimum 90 percent plan survival rate for a 30-year retirement horizon.