If you’re not sure a reverse mortgage is right for you, there are other ways to reach your financial goals in retirement. You could: - Sell your current home and downsize into a smaller one. - Refinance your current mortgage to get better terms, lower your payment or cash out on some of your equity. - Get a home equity loan or home equity line of credit, or HELOC, to borrow from your equity. - Rent out a portion of your home while living there yourself. This is known as house hacking and can provide passive income. Just be sure your renter is someone you trust, and consider your personal, financial and legal safety.