Is there a reverse mortgage line of credit?
At age 50 & 60, DH & I are re-examining our retirement planning ~ aka crystal ball gazing. I'm not a big fan of a reverse mortgage, but would love the opportunity far down the road to occasionally pull some of the equity out of the house - especially if the money would not need to be repaid until we die or sell the house. The total monies drawn would probably be less than a reverse mortgage.
It just feels weird trying to plan for the next 40 years! My guess is that sometime in there we'll see a return of killer inflation, and every type of economic condition imaginable.