There’s no retirement like home. If you’re like most Canadian homeowners 55 or over, much of what you own fits into one of two categories – the equity in your home and the money you have saved. Chances are, the value of your home has grown over the years and makes up a good portion of your net worth. While having a home that has built value is a positive, you typically can’t spend that value unless you sell your home. A Reverse Mortgage allows you to turn some of your home equity into tax-free cash.