They do not cash flow like I would like but I am using 15 year not 30 year amortizations so I can have them about paid off when I retire. 

Our goal is to achieve early retirement through our rentals and other income.

Currently active duty military with plans on retirement/transition from service very soon.

My name is Felicia Hernandez Fortunato and I am a recently retired Firefighter/Paramedic after 25 years of service.

After working in his residency for a while my husband discovered that some of the doctors were pushing off retirement later and later due to a lack of financial security.

Let's be more complete on the subject.The OBJECTIVE is to keep seniors in their homes as long as they live in it.there's an appraisal to determine present equitythat equity is then made available to the home owner(HO) in multiple ways;HELOC style account which the HO can draw upon at willmonthly payments to the HOall cash lump sum distributionAll existing mortgages are paid off at COE, so the HO never pays out for a mortgage.Property Taxes & Insurance are still the responsibility to be paid by the HO.and there's an annual certification that at least one person is still resident.There are no changes when the fist mate demises, but upon the demise of the second, the Reverse Mortgage is due and payable AND, due to accumulate yet unpaid interest, the payoff can easily be greater than the face value of the initial Reverse Loan.If the last mate is relocated into a retirement 24/7 care facility, this triggers the end of the RM and the note is due per the above.Some times the family would like to claim the home, and if they can pay the payoff value, they can do so. 

I stopped investing into my 401k since I plan on using my income to pay for additional properties to fund my retirement. 

Not to mention losing that entire sum in your retirement plan.

A couple years ago our government went through a furlough and that's when I realized I could afford to retire and move home.

But for years this has been a very popular strategy for investors wishing to acquire a potential primary residence for retirement in a vacation rental type area.