Should You Use a Reverse Mortgage to Retire?

Should You Use a Reverse Mortgage to Retire?

If you're retired, or getting close, you might be thinking of how much income you'll have after retirement and whether it will be enough. One option that can boost your retirement income is a reverse mortgage. If you aren't familiar, a reverse mortgage (as the name implies) works in the opposite way of a traditional mortgage you might use to buy a home.