On the topic of reverse mortgages, I don't have any personal experience with them, but I am one of those people who likes to read financial advice. 'tis an affliction of sorts, I do believe. And mortgages have interested me for a long time.
Here is the link to the government site that goes into detail on HECMs (Home Equity Conversion Mortgages) a.k.a. reverse mortgages.
http://www.hud.gov/offices/hsg/sfh/hecm/hecmabou.cfm
Boomer