For many Americans age 62 and older, a reverse mortgage is sometimes a financial ray of sunshine in an otherwise financially frustrating retirement.

Too many people have heard of them as a threat to financial security and want nothing to do with having a reverse mortgage. But there are good ones and bad ones, so the trick is to find someone trustworthy to help you.

Too many retired folks find it difficult to generate enough income to live a comfortable life. I encourage anyone who owns a home to explore whether a reverse mortgage might help them. The old days, when it was possible for someone to lose their home to a reverse mortgage company, are gone.

Don’t overlook this possible solution as support for your financial health.