You may be one of those facing retirement, slowly getting to retirement or your in retirement and just looking for more cash flow.  There are many option for you if you own a home but one of the most talked about lately is a reverse mortgage.  A reverse mortgage is just how it sounds but different.  If you have equity in your home, which many do if purchased your home many years ago, you can use that equity to fund your retirement while still living in the home.  Its quite simple, but if you are interested do your homework.  You and a lender agree on price and terms, including interest rate which you will pay.  These amounts reduce the net proceeds from the house should you sell or pass away, but you can get a good monthly income while still being able to live where you are.  The AARP has a great website that explains the benefits of reverse mortgages, a comparison of your options and even a reverse mortgage calculator.  Also consult your CPA or other financial advisor.