When we reach middle age, we have our own financial commitments...
a mortgage, school fees, personal loan, credit cards. Often we are not in the position to assist our parents when their income reduces or is not sufficient to meet their retirement needs.
Much of the initial interest in reverse mortgages comes from children of Seniors. They themselves are not able to financially give to their parents. It is often seen that the sons and daughters are willing to forego a part of future inheritance in order to see their parents have an enjoyable and satisfactory retirement.
With a conservative and well-structured approach to releasing the equity in a Seniors home, future beneficiaries will still receive a significant share of future assets. In doing so, the sons and daughters will gain great satisfaction from the improvement in retirement living for their parents. | 
