My spouse and I are 60 and just retiring. Cash is especially important to us before taking SS at 70. At 62 I could get a reverse mortgage. I have an expensive home with high equity and a good sized mortgage. I would like to stay in my current home for 10 more years, longer than my cash will last. If I borrow I can stay longer. One way to borrow from my equity would be a reverse mortgage. I tried to model that by reducing the monthly payment on the mortgage to zero, but that was not allowed.