As we age, it is a matter of time before one spouse is going to die. In addition to the emotional impact, the financial impact can add substantially to the grief the surviving spouse feels. The loss of one Social Security income is often a major issue. There may also be additional lost income from the loss of a job, pension, or both. I was recently able to help a widower payoff an existing mortgage and establish a line of credit by taking out a reverse mortgage. Paying off the mortgage “replaced” about 70% of his wife’s social security. Having the line of credit (that grows) gave him peace of mind that in the event of unexpected home repairs he had money to cover them (this was a major concern for him). A reverse mortgage has helped with the financial stress he feels with the loss of his wife. And it has also given him greater peace of mind in his retirement.