Retirement Researcher Develops Reverse Mortgage Calculator
Wade D. Pfau
One avid retirement researcher has recently developed a new calculator that allows prospective reverse mortgage borrowers to find out the principal limit available to them through a Home Equity Conversion Mortgage (HECM).
The HECM calculator is the latest effort from Wade Pfau, professor of retirement income at The American College, who has produced a series of articles, webinars and research on using reverse mortgages and retirement income planning in recent weeks.
Oliva, Jason, "Retirement Researcher Develops Reverse Mortgage Calculator" (2016). In the News. 1165.