Are Reverse Mortgages a Smart Option?

If you want to spend the rest of your life in your family home or condo, a Reverse Mortgage could give you a tax-free stream of income out of the equity you built up in your home over the years.  And no matter how long you live there, you’ll never run out of money. When you move out, or die, you (or your heirs) can never owe more than the home is worth. But there are critical details you must understand before you enter into this deal.