1. You are now 80 years old and, unfortunately, you have outlived your retirement fund. You collect income each month from Social Security, but you are still left with a $3,000 shortfall. You do own a lovely home valued at $200,000. You are considering a reverse mortgage so you can stay in your home. The terms would include a financing fee of $10,000 and interest of 10%. List the pros and cons of taking on a reverse mortgage. What would be an alternative? (LO 3-1)