If you are like most senior homeowners, you have spent your entire life working for your home. During your working years, you invested your earnings month after month in a mortgage and building equity. Now in retirement, with perhaps only social security as income, it is time to have your home work for you. With responsible borrowing using a reverse mortgage loan, use of home equity can be a good choice. Examples of such use include using equity to renovate your home to increase its value, supplementing your retirement income, or paying off your other obligations to increase your monthly cash flow. Of course, consulting with your financial advisor regarding these plans is always recommended.