<prompt> Human: Mom is 60 I am 40 and she owes about 60k on a 550k house. She is retired and will get around 1k a month from SSI and has about 800 a month from a pension. Also rents the garage for 200 a month. Now she wants to do a reverse mortgage at 62. I feel like its just a bad idea. How can I talk her out of this?  <response>: Reverse mortgagees are not always a bad idea. That will get her a considerable amount of secure, monthly income. If she has no other savings, pensions, or retirement accounts, and if her children will not support her financially, there are not a lot of options left. 