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. “Financial planning research has shown that coordinated use of a reverse mortgage starting earlier in retirement outperforms waiting to open a reverse mortgage as a last resort option once all else has failed,” Pfau wrote on his Retirement Researcher blog. “Reverse mortgages have transitioned from a last resort to a retirement income tool that can be incorporated as . . .