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Author: ResNullius Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 77881  
Subject: Re: Reverse Mortgage Questions Date: 11/26/2005 10:57 AM
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use the remaining $400K (after paying taxes) to provide a 360-month inflation-adjusted withdrawal rate of $570/month.

I would much prefer to put the $400K into a diversified mix of large and mid-cap equities, then withdraw $1300 per month (adjusted upward annually for inflation) for life, with much left over for others to inherit. Easy, no fees, and a virtually certainty it will work like a charm.
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