You’re looking in the right direction — but be very careful. Let me give you three possibilities to think about:
As an alternative, you might consider moving to an senior living community and an apartment that would cost less.
Or you could consider a Reverse Mortgage (read this column) to get a monthly check as long as you both live in the home. But you still have a responsibility to pay the property taxes and keep the house in good repair.
And, yes, how nice that you are willing and able to look for additional work. Just don’t fall for those “work from home” commercials. Instead, go to www.Monster.com an check out the opportunities. Those are real jobs. Things like Medical billing specialists and other work from home choices might add enough.
The bonus is that many people are going to be working from home for a long time. So that creates some opportunities for you.
Please write back and let me know what happens.