re: Parents considering Reverse Mortgage

I have thought about this recently. I'm not in retirement but if I want to access the equity of my home but I love my home too much to move away, it seems like an option to investigate.

I think this is also could be good in situations where you dont want to burden your kids with having to deal with the house when you are gone. If you know the house isn't going to stay in the family, it makes sense. Now if you know that one of the kids or other family want to have the house when you are gone, then obviously it may not be a great choice.