Ask the Dolans: Is a reverse mortgage a good deal?

Ken and Daria Dolan, America's first family of personal finance, answer your questions every Friday.

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This economic crisis is causing more and more of us to postpone our retirement, scale back our retirement dreams or worry about outliving our money. Tapping into those fears, companies are promoting a reverse mortgage as the answer. Watch today's video to learn whether a reverse mortgage is right for you, and get a few warnings about the potential risks.

Dear Ken and Daria,

I'm wondering if a reverse mortgage is a good deal. Thanks!

--Bill

Don't give up your retirement dreams! Get more retirement tips at Dolans.com.