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Hi from Just Answer. I'm PDtax, and will assist.
Sadly, no one realizes how quickly resources can be used up in retirement until it happens to them. I suggest a reverse mortgage.
The value in your home supports a loan that can be used as you see fit. There are a number of types, from line of credit to a lump sum. Given your ages, you could likely see most of the current value of your home. There is no debt service required, and you keep your home until the last one leaves. It is then sold to pay off the reverse mortgage.
I was not a fan of the products until seeing more of them recently. They have improved in how they treat the homeowners, and the fees have come down as more lenders have entered the market.
If you borrowed money to remodel, the reverse mortgage pays that off, as lenders insist on a first position for their loan.
Thanks for asking at Just Answer. Positive feedback is appreciated. I'm PDtax.