Planning ahead always involves forecasting and planning based on best assumptions. If you are 62 years old or more, you might be considering your home equity as a source of wealth to tap into. The options are a home equity loan or a reverse mortgage. And while both provide you with the ability to access the value of your home, they are very different loan products with very different conditions. Deciding which is better requires a solid understanding of your plans and your current state of affairs. Read more here.