David Garrison

REVERSE MORTGAGES  – TOOLS AT BOTH ENDS OF THE SPECTRUM As an advisor who deals primarily with high-net-worth individuals and couples, you’ve come to understand the many ways in which using housing wealth can help your clients preserve and grow their investment assets, avoiding wealth depletion through taxation or ill-timed withdrawals. Ironically, a recent conference […]

HOUSING WEALTH AS A BUCKET LIST BRACE Because each of you has survived a near-death experience (a bout with cancer in her case, a serious injury in yours), you are determined, within the limits of prudence, to check certain items off your world travel bucket list in the early years of retirement, rather than waiting […]

HOPING TO CONTINUE CLIMBING, PREPARED IF THINGS GO THE OTHER WAY With the bulk of your invested assets in tax-deferred accounts, you’re pleased with this year’s portfolio results. You’re also pleased not to have been forced to tap those accounts, managing living; expenses with a combination of income from part time work/consulting assignments, rents from […]

USE AN OWNED ASSET TO DIVERSIFY INTO “LOANER” TERRITORY As recent retirees who only recently attended an intense three-day investment seminar on portfolio allocation, you two are feeling yourselves in somewhat of a quandary. Not only does your combined portfolio consist of almost 85% equity (a category the speaker dubbed “owner investments”), but the greater […]

BEING A GOOD UNCLE WITHOUT “CRYING UNCLE” ON INCOME PLAN While many of your friends have been helping fund their grandkids’ education, you have no children of your own. Over the years, though, you’ve provided funding for your niece and nephew’s college costs, since your younger brother, a self-employed widower, has not been in a […]

A THREE-FOR-ONE APPROACH TO ESTATE, RETIREMENT AND INVESTMENT PLANNING A recent health scare (fortunately, you have been pronounced fully recovered) has focused your attention on an intensive estate planning review. While you can hardly be described as “super-wealthy”, your three highest value assets are your IRA Rollover account and to pieces of real property — […]

HOUSING WEALTH ALLOWS WAITING TO COLLECT SOCIAL SECURITY With your relationship ending, you find yourself faced with some daunting financial realities. While you maintained sole ownership of your home (originally purchased together with your now-deceased first wife), it was helpful to have two incomes supporting the ongoing upkeep and maintenance costs. Your soon-to-be ex “roommate” […]

REVERSE MORTAGES TO PRESERVE THE POWER IN A POWERHOUSE At age 66, you plan on working two more years; your wife has plans to retire in a little over a year from today. With your children fairly well established in careers of their own, the two of you have been quite diligent about making maximum […]

REVERSE MORTAGES AS INVESTMENT PORTFOLIO COMPLEMENTS Over the past few months, perhaps due to the plethora of TV ads for reverse mortgages, you’ve been receiving a number of inquiries from your financial planning clients about reverse mortgages. With a quarter to one third of your client base now in their sixties and seventies, their home […]

REBALANCE ASSET MIX WITH REVERSE MORTGAGE BALANCE  A longtime believer in asset allocation in investing, you have been “in charge” of guiding the choices in your wife’s 401K (she is still working), as well as in your own SEP-IRA account (you continue to generate modest income as a self-employed metallurgics consultant), as well as in […]

REVERSE MORTGAGE DOES NOT REVERSE ESTATE INTENTIONS After hearing so much about reverse mortgages, the two of you have become interested in exploring that option as a way of establishing a funding source as major updates become urgent on your seventy-year old home. Your big hesitation in moving forward is that, early in 2023, you […]

GETTING CLOSER TO A GOLDILOCKS RETIREMENT WITHDRAWAL PLAN As a financial advisor, you’ve found, the trickiest aspect of advising clients who come to you at the brink of retirement, is helping them select an appropriate and “safe” system of withdrawals from their investment accounts to support their lifestyle needs. As Morningstar observed in its White […]

STUDENT DEBT NO THING OF THE PAST Over the years, when the grandkids were younger, the two of you always made efforts to help fund their college costs by both making direct cash gifts at holiday time and also by contributing to both their educational savings accounts. Now widowed yourself and with both grandchildren now […]

PREPARING FOR UPKEEP WHILE AGING IN PLACE “I’m not sure just where I’ll be going, but I can’t put up with all the repairs and upkeep this place needs. There are always things that need to be fixed and they are taking up more and more of my time, so I’ve decided to move to […]

REVERSE MORTGAGE SUPPLIES INCOME STREAM WHILE YOU WAIT When you retired a little over a year ago at age 66, your intention was to defer claiming Social Security benefits until age 70, so as to collect the maximum benefit possible. Now, after several unexpected home repairs and a big dental expense, not to mention the […]

STARTING AFRESH WITH A NEW PARTNER AND A NEW REVERSE MORTGAGE LOAN Four years ago, in establishing your reverse mortgage loan, you had been recently divorced. Your ex was moving to another state and you kept sole ownership of the home. Establishing a reverse mortgage at the time enabled you to revamp the home; you […]

DIP INTO HOUSING WEALTH TO AVOID DROPPING LONG TERM CARE COVERAGE The postal service has delivered some very bad news to you in the form of a major increase in the quarterly premium for both of your Long-Term Care Insurance policies. None of the choices offered is savory: In order to maintain your current coverage […]

HOUSING WEALTH HELPS PROMOTE FLEDGLING ENTERPRISE While your late wife’s protracted illness forced you to put plans of launching a specialty LLC consulting/coaching practice on hold, you are now ready, at age 69, to get back to the project.. In reanalyzing your finances, you realize that, since you plan to work out of your home […]

SON’S HOUSING WEALTH CAN HELP PARENTS BUY INTO CONTINUING CARE Following a series of health scares, your parents, both in their early eighties, recently made the decision to move into a local high-end continuing care community. Once their home is sold, the proceeds should be more than enough to cover the six-figure upfront “buy in” […]

REVERSE MORTGAGE AS A LINE OF FIRST RESORT   As a financial advisor, you’ve tried to steer clear of extremes, believing that your clients’ retirement and tax planning should be centered around the preservation of assets with sufficient growth to outpace inflation. Particularly in recent years, you’ve focused on helping your clients avoid scams and […]

SAFEGUARDING THE SEQUENCE USING HOUSING WEALTH   Now in your third year of retirement, (in both your cases precipitated by COVID-related downsizing), the two of you are becoming concerned with all the pundits’ warnings of oncoming recession. The original plan was for you to work three more years and retire at age 67 (66 for […]

GIFTING IN THE FACE OF ESTATE TAX EXEMPTION SUNSET While your career earnings and savings have enabled the two of you to accumulate a very respectable net worth, you have not needed to worry about federal estate taxation.  However, you’ve become aware that unless Congress acts before the end of next year (you don’t have […]

STAYING AT HOME BY CHOICE At recent gatherings of friends in senior hobby groups, it seems the conversation invariably centers around how much of a deposit each couple or individual has put down to reserve their spot in one of the local upscale retirement communities. I seems the two of you are the only ones […]

HOUSING WEALTH CAN HELP PAY FOR MOTHER-IN-LAW’S HEALTH CARE With your wife’s father and both of your own parents now gone, you have maintained a very close loving relationship with your wife’s mother, who unfortunately has endured a series of health setbacks in recent months. After considering various facility options, you have come to the […]

HOUSING WEALTH ALLOWS MOVING TO HIGHER-PRICE ALTITUDES Ever since the pandemic, the two of you have been wrestling with the decision of moving to the Washington, D.C. suburb where your daughter and grandchildren make their home. Basically retired (you each take on part-time speaking gigs from time to time to supplement the budget), you are […]

HOUSING WEALTH OFFERS A WEALTH OF POSSIBILITIES FOR PARENTS AND DAUGHTER The two of you have owned your Indianapolis home for many decades and, notwithstanding certain health issues, hope to remain there for the rest of your lives. Your only regret is that both your children live in other states. In fact, there was a […]

GREAT-AUNT WILLING TO STEP IN FOR UNCLE SAM With no children of your own, you and your late husband always maintained a strong connection with your brother’s kids and grandkids in a neighboring state. Now, you’ve become aware, your older grand-nephew, who recently completed a Masters of Fine Arts, is facing somewhat of a financial […]

DAD’S HOUSING WEALTH HELPS SON BUILD HIS Before your wife’s death five years ago, the two of you had been focused on building up financial assets in preparation for retirement, and now that you’re just a few years away from bidding farewell to full time employment, you are turning your focus on helping your only […]

USING HOUSING WEALTH TO CREATE TREASURED MEMORIES It has been a long term dream of yours, after retiring, to take all four grandkids on a cruise. During and even after the pandemic, you had not felt safe going ahead with your plans, but now you’re thinking that this January might be the right time. With […]

HOME EQUITY HELPS FUND COME-ONE-COME-ALL FAMILY TRAVEL ON WHEELS You always knew your retirement lifestyle would involve spending as much time with the grandchildren as they were willing and able to spend with the two of you. Now in your mid-seventies, you’re finding that flying back and forth to visit families on opposite coasts has […]

ADVISOR QUANDARY ABOUT REVERSE MORTGAGE MISINFORMATION  With the vast amount of information on financial topics being served up to your clients on a daily basis, you’re tasked with helping them separate wheat from chaff. When it comes to the topic of reverse mortgages, you’re finding, conflicting statements and claims are leaving even you confused and […]

REVERSE MORTGAGE KEEPS GRANDKIDS IN THEIR OWN SCHOOL DISTRICT The two of you have always felt blessed in having your only two grandchildren living a mere 30 miles away. Even with you, both in your mid-sixties, still working full time, you’ve enjoyed having the grandkids spend many a weekend at your home. Unfortunately, your son-in-law […]

One of the fortunate few with the foresight to purchase long term care insurance decades ago, adding a lifetime inflation rider, you’re now facing a double challenge keeping up with the escalating policy costs. Some seven years ago, at the suggestion of a tax advisor, you began paying the annual long term care premiums by […]

REALTORS CAN HELP SENIORS BUY UP AND SIZE DOWN As a long time real estate professional, you’ve always prided yourself of finding solutions to serve your clients’ needs. This is a tough time, you’re finding, for seniors. Many of the folks whom you helped purchase homes years ago are now finding those homes much too […]

PROVIDING STUDENT LOAN HELP FROM UNCLE, NOT UNCLE SAM Learning that the Supreme Court has struck down the President’s plan to forgive student loan debt, you knew immediately how severe an effect that decision would have on your younger sibling’s family. A hard-working single mom, your sister is very proud of her two sons, both […]

MOVING UP AND DOWN WITHOUT MOVING OUT The two of you have always committed to taking care of both sets of elders. With your mother-in-law having recently passed, your father-in law, in his early nineties, insists he wants to “age in place”, continuing to live in the modest two-story home they’d owned for many, many […]

HOUSING WEALTH CAN GIVE GRANDDUGHTERS AN ENTREPRENEURIAL EDGE Despite your having made clear to your two children that, once they were through with their schooling they would be expected to manage their finances on their own, you now find yourselves feeling differently when it comes to your twin granddaughters. Passionate and very hardworking entrepreneurs, the […]

FOR AGING IN PLACE, PUT A RESOURCE IN PLACE With no formal training in finance or accounting, the two of you nonetheless pride yourselves on discussing important financial matters and (after consulting your advisors), coming to your own conclusions. You’re both close to age 67, and after dealing with various health issues in recent months, […]

THUNDERSTORM DAMAGE DICTATES A PLAN, NOT A POEM Moving into your home some twenty years ago, you were both thrilled with its woods-like setting. Now that three recent thunderstorms have resulted in downed trees and quite a bit of damage to the roof, you’re not so sure “Trees” remains your favorite poem. Luckily, none of […]

KEEPING THE POWER ON FOR KIDS AND GRANDKIDS After retiring from the corporate world five years ago, you have continued your tradition of treating the kids and grandkids to a three day lakeside family reunion at a state park. Now, after recent storms and power outages wreaked havoc in the lives of one of your […]

IS THERE A DOCTOR IN THE HOUSE? With neither of you having had the benefit of a college education, you’re proud of the fact that both your children and now your one grandchild are all college graduates. In fact, your granddaughter is planning to continue her studies, working towards a medical degree. Retired three years […]

SOONER THAN LATER MIGHT PROVE BEST A longtime dream of yours has been treating your entire extended family (some forty people with all the in-laws, cousins, and kids) to a week-long getaway reunion in the mountains. You want to do this before the youngest of the grandkids starts college next year. Rather than shaking up […]

SETTLING IN WITHOUT SELLING THE STOCK After months and months of dabbling with the idea of moving to a retirement community, the two of you, now in your mid-seventies, have decided to spend your remaining years in your own home. In the past, you’ve taken pride in being property maintenance do-it-yourselfers, but going forward, you’ll […]

FINANCING THE BIG CONVERSION TO SOLAR ENERGY After much home-searching and soul-searching, the two of you have decided to say put in the home you’ve furnished, decorated, repaired, and remodeled over the past thirty-seven years. The next step, you’ve decided, is to install solar roofing, including charging stations for the electric vehicles you plan to […]

CHANGE THE DEBT, RELIEVE THE PRESSURE While your original plan had been to work through your early seventies, a downsizing three years ago forced you into retirement at age 64. Now, even working various part time gigs, you have been unable to retire your nearly $40,000 in credit card debt. Thankfully, your home is mortgage-free […]

LOCKING IN” HOUSING WEALTH AT A “HIGH” Although the remarkable profits you saw friends and neighbors making on the sale of their houses, one important decision you and your wife had made was that, post-retirement (hers last year, yours five years ago), you would continue living in your home, hopefully spending the rest of your […]

SHORING UP A BUSINESS USING HOUSING WEALTH After retiring four years ago at age 63, you have been supplementing your pension and investment income with dividends from a one-man electrical and plumbing repair business structured as an LLC. The arrangement has, overall, worked quite well, but, in order to expand, it is now important for […]

USING HOME EQUITY AS A RETIREMENT MANAGEMENT TOOL With you and your husband of forty years on the brink of retirement, you’ve taken on the job of researching planning options. (While all financial decisions will always be made jointly, your work schedule happens to be a bit more flexible, and so you’ve taken on the […]

HOME EQUITY CAN HELP TURN AN EMERGENCY INTO A PLAN While you had each planned to work up until social security “normal retirement age”, you have just been notified (you are now 63) of an involuntary severance. The company will continue to pay your salary and benefits through the end of this year, you’ve learned. […]

HELPING HOME OWNERSHIP GO FROM TWO TO ONE The two of you have actually been living apart for the past two years (you in the home you own jointly, she in an apartment in Kentucky). Now in your early seventies (she in her late sixties) you had hoped to keep the marriage together despite your […]

TURNING HOUSING ASSETS INTO A BRIDGE With your tentative retirement scheduled for the end of this calendar year, you have been considering whether to begin claiming Social Security benefits at the start of retirement (you will have reached the age for full benefits). In the course of researching this topic, you found an article about […]

AVOID CURRENT TAXATION, INCREASE FUTURE LEGACY After retiring in 2020, you had planned on leaving your 401(K) plan where it was in the company plan. Basically, satisfied with the investment options offered through that employer plan, you saw no reason to roll the money into an IRA. (Needless to say, your account was affected by […]

HEARTLAND HECM FOR PURCHASE Your parents, in their mid-seventies and now fully retired, are planning to relocate from Washington State to the Midwest to be closer to you and the now college-aged grandkids. The two of you have been helping them search for the perfect suburban home. Expecting to clear close to $600,000 on the […]

REVERSE MORTGAGE IDEAL TOPIC FOR “THE TALK” In advance of your daughters’ and grandkids’ upcoming Easter visit to Indiana from the West Coast, your oldest has mailed you a copy of the book Having the Talk, by Jack Tatar. The two of you, both retired and now in your late 70s, have experienced various health […]

ROTH CONVERSION PROCESS SMOOTHENED WITH REVERSE MORTGAGE Now in your 70s, you’ve been giving thought to those looming required minimum distributions from IRA. Despite the recent dismal market performance, your rollover account is still over the seven-figure mark, and your accountant is actually recommending converting it to a Roth, either all at once or in […]

USING HOUSING WEALTH TO “PAD” RETIREMENT PLAN WITHDRAWALS 03/06/23 With no training or expertise in finance, you have always liked to keep yourself informed by reading about the investment markets and the economy in general. The other day you came across a piece from Morningstar that seems to sum up your own situation: “retirees have […]

USING HOUSING WEALTH TO LIGHTEN HEIRS’ LOAD 3/2/2023 The extended illnesses of several close friends have made you conscious of the burden their adult children are shouldering. You have estate planning documents; those were updated after you were widowed seven years ago, directing the disposition of your assets.  However, you’ve come to realize that more […]

A HEALTHY HOME ENABLES HEALTHY AGING IN PLACE 03/01/2023 In the process of setting in motion plans for your retirement two years from now (at age 67), you’ve made several important decisions concerning your home. First, you’ve decided not to move. As a single homeowner with no children, you appreciate having supportive neighbors (mostly younger […]

REVERSE MORTGAGE MIGHT MAKE YOUR TURN FOR THE BETTER EVEN BETTER 02/28/2023 Widowed eight years ago, you’d planned to age in place – the old place, that is, – your long-time family home. Nothing wrong with that home, which is fully paid for and which you had remodeled just five years ago to accommodate your […]

USING HOUSING WEALTH TO MAKE HOME MORE ECO-FRIENDLY 02/27/2023 For many years now, the two of you have been environmentally conscious, participating in recycling services and bagging your own groceries in eco-friendly carriers. You each own a hybrid vehicle, with the plan to select an all-electric car for the next purchase. Retired two years ago, […]

RESTORING REBALANCE USING HOUSING WEALTH 02/21/2023 For decades now, the two of you have been very level-headed when it comes to managing your investments, never succumbing to panic when movements in either stock prices or interest rates have made others frantic. With both of you having taken retirement from full time jobs a little under […]

HOUSING WEALTH PUTS ON A NEW FACE   01/29/2023 While your career as a corporate spokesperson will be coming to a close later this calendar year, you will be continuing to offer coaching to executives on interacting with members of the press. In preparing for retirement, you have set the basic elements of insurance and estate […]

REVERSING THE DIRECTION OF OVERSIZED PAYMENTS   01/23/2023 With retirement now on the horizon (your husband plans to retire at the end of 2024, just after he turns 66, with you retiring the following spring at age 65), you’ve resolved to begin the 2023 year by making oversized mortgage payments each month. The goal – retiring […]

REVERSE MORTGAGE CAN DO DOUBLE DUTY  01/17/2023 Although grieving the loss of your husband five years ago and continuing through the first two years of your own retirement, you were beginning to feel you had your financial affairs under control. This past year, however things have become increasingly stressful for you. The dramatic drop in […]

REVERSE MORTGAGE HELPS SPLIT PROPERTY, KEEPING INVESTMENTS  INTACT  01/10/2023 With the divorce pending, your soon-to-be ex-wife is moving to another state. You, meanwhile, are remaining in the home, buying her out of her share. With both of you retired from full time careers, (you’re 72, she 69), you continue to work as a contractor on […]

RECYCLING FROM RENTING TO BUYING WITH A REVERSE MORTGAGE  When you retired five years ago, relocating from the northwest to Indiana to be closer to family, you made the decision to rent a luxury apartment rather than rushing into a permanent home buying choice. As a widow, what with COVID and the crazy competition for […]

MOVING “UP” IN LIFE WITH A REVERSE MORTGAGE  12/27/2022 Ever since their father’s death three years ago, your son and daughter have been urging you to move closer to your daughter’s location in eastern Indiana. Now age 73, you had envisioned remaining in your present home for the remainder of your life, but now, the […]

REVERSE MORTGAGE DAUGHTER CAN HELP DAUGHTER GO HOME AGAIN November 15th, 2022 Your 85-year old widowed mother is becoming less and less able to manage her large home in central Indiana. With you hours away in eastern Illinois, your plan had been to help Mom move into a retirement community. Mom, though, is adamant that […]

LOOKING BOTH WAYS WITH A REVERSE MORTGAGE November 22, 2022 Six years into retirement, you’re only now beginning to feel the “pinch” from the increase in everyday living costs. Generally speaking, you consider yourself fortunate, able to maintain a comfortable lifestyle, pursuing your arts and theatre-related pastimes. Widowed eleven years ago, with both children financial […]

REVERSE MORTGAGE CAN ALLOW ROLLOVER ACCOUNT TIME TO RECOVER November 29th, 2022 As recently as two-three years ago, things seemed simpler than they now appear to you. The plan was for your wife to retire at the end of this year (she just turned 66), but she has changed the date to summer of next […]

“CARPE” DIEM” WITH A REVERSE MORTGAGE DRAW  December 6th, 2022 With the last two years of your careers having been marked by the pandemic (each of you, despite having been vaccinated and boosted, has now had COVID twice!), you were moved to make two admittedly emotionally driven decisions. First, despite the drop in the value […]

CONCERNED HOW A DROP IN HOME VALUE MIGHT AFFECT REVERSE MORTGAGE  December 13th, 2022 A year or so ago, then four years into retirement and in the midst of the real estate “craze”, you had briefly considered selling your home, but instead made the decision to stay put. You arranged for a small home equity […]

REVERSE MORTGAGE CAN KEEP MOM AT HOME SWEET HOME  December 20th, 2022 Over the four years since your father’s death, it has been a relief to you and your sister to see Mom, at age 76, resuming an active social life. While she is able to drive and continues to manage her own finances, she […]

EASING THE BURDEN OF SOCIAL SECURITY’S “GOOD NEWS” November 8th, 2022 You’ve just realized that all the Social Security “good news” flooding your newsfeed might well be bad news in disguise when it comes to taxes. Yes, you’re each scheduled to receive a hefty raise in your Social Security benefit due to the more than […]

HOME EQUITY – A STORM SHELTER DURING MARKET TURBULENCE November 1st, 2022 When you retired from full time employment just four years ago, you never imagined becoming a “poster child” for the “negative sequence of returns” you’d read about in the magazines and journals..  Divorced ten years ago, you were awarded sole ownership of your […]

AFTER SETBACKS, CONVERTING TO A MORE MANAGEABLE FORM OF DEBT CAN BE HELPFUL October 25th, 2022 The past three years have, unfortunately, not been good ones for the two of you. Although you had generally been very prudent about managing your finances, you were forced into taking retirement years earlier than planned, because your employer […]

SHORING UP RESOURCES IN PREPARATION FOR RETIREMENT October 11th, 2022 With retirement from full time employment planned for 2025 (when you will turn 65), you’re beginning to scrutinize your budget, estimating which expenses are likely to escalate (and at what estimated rate). In addition to holding a full time job, you run a part-time, independent […]

BUILDING DAUGHTER’S INHERITANCE FROM BOTH DIRECTIONS October 11th, 2022 As a single gentleman at the “ripe old age” of 71, you’re still able to command a sizeable income, and God willing, hope to continue your very active lifestyle indefinitely. While you travel extensively, you’re proud of your home, which you’ve kept in good repair and […]

FOR LONG TERM CARE INSURANCE, REVERSE MORTGAGE CAN REPLACE “RIDERS” September 27th, 2022 With your third child now finished with college and all three seemingly firmly ensconced in the world of work, the two of you have begun to focus your attention on your own future financial security. In your early 40s with full-time careers, […]

REVERSE MORTGAGE FOR WHEN BEST-LAID PLANS GO AWRY September 27th, 2022 A little over two years ago, you accepted a buyout offer from the company where you’d worked for thirty-one years. At the time, there seemed to be several alternate employment opportunities (in any event, you would have been let go in the downsizing). Unfortunately, […]

REVERSE MORTGAGE September 20th, 2022 It’s ironic, those recent headlines about forgiveness of student loans, since the two of you had agreed long ago to pay for your three children’s college education (and did just that). Post Bachelor’s degree, the concept was, each child would be responsible for his or her own support. Your general […]

MAKING ROOM FOR MOM WITH THE HELP OF A REVERSE MORTGAGE September 13th, 2022 After your husband died several years ago, you had been strongly considering selling your home. After retiring from your position as executive assistant, you contemplated living in a retirement community. Since then, you’ve changed the direction of your planning. With your […]

REVERSE MORTGAGE – A GIFT TO KEEP YOU GIVING September 6th, 2022 With summer swiftly waning, you’re beginning to think about the winter holidays.  Unfortunately, with inflation having noticeably strained your budget, you have concerns around your traditional role as “Uncle Santa”. Each Christmas for the past ten or more years, you’ve made Christmas gifts […]

HELPING YOUR HOME HELP YOU KEEP SAFE August 30th, 2022 Ever since first falling in love with this house some twenty five years ago, the two of you have agreed that this is where you want to spend the rest of your lives. Now, moving into retirement, with the house paid for, you have been […]

YOUR HOME — AN ANNUITY WITH WIGGLE ROOM August 22nd, 2022 Of all your investments, the one that, ironically, feels most comfortable right now is the one that’s the least exciting — a fixed annuity you bought seven years ago. That annuity has been faithfully delivering a monthly deposit into your bank account. Given the […]

USING HOUSING WEALTH TO FUND A FRANCHISE August 16th, 2022 After four decades as a kindergarten teacher, you retired just as the pandemic was getting underway. With your pension, investments, and Social Security allowing you to cover expenses with some luxuries added, you are now considering ways to raise your standard of living without re-entering […]

A NEW “WINDOW” ON RETIREMENT PLANNING – IN REVERSE!  Once having made the decision to spend your retirement years in your present home, you realized that everyday cost savings are going to be key to your budgetary survival over the next two to three decades. You briefly explored solar paneling, but for a number of […]

FROM HERE TO MEDICARE, REVERSE MORTGAGE EASES THE WAIT August 2nd, 2022 For a variety of reasons, the two of you have made the monumental decision to retire from your careers at the end of the next calendar year. The frustrations and issues have begun to outweigh the motivation to keep working, and, with your […]

REVERSE MORTGAGE – INSURANCE AGAINST SOCIAL SECURITY CUTS July 26th, 2022 Two years into what you’ve dubbed Retirement Stage One (the first six to seven years when you do your long-planned European and South America biking and hiking vacation trips while still keeping up some income flow through part time work), you’ve become concerned about […]

TO DEAL WITH REVERSALS OF FORTUNE, THINK REVERSE MORTGAGE July 19th, 2022 While the two of you had long ago made clear that your children were expected to manage their own affairs once they’d graduated and left the nest, life has not followed the expected pattern. Because of some mental health issues, one of your […]

APPROACHING NEW HOME PURCHASE IN REVERSE July 12th, 2022 At a recent social gathering, friends of yours mentioned that they’d narrowly succeeded in winning the bid for their new home only because they’d been able to make a cash offer. The only way they’d been able to raise that cash before selling their prior home, […]

Estate & Income Tax Planning – The Forgotten Strategy of a Reverse Mortgage & Roth Conversion Home prices have recently reached historic highs in the United States with the median home sales price increasing to over $400,000.00. Many homes have over $1,000,000 of equity built up over the years. This provides for excellent opportunity to […]

NOT THEIR FATHERS’ “NEEDS-BASED” NEEDS June 28th, 2022 “Get ready to discard old notions of who a needs-based borrower really is,” comments blogger Shannon Hicks, explaining that house-rich, very cash-poor retirees used to be the ones who turned to reverse mortgages, making ends meet by eliminating their monthly mortgage payment. In contrast, today’s retirees, she […]

READY TO RETIRE IN A FIRST HOME … June 21st, 2022 The two of you have always done things just a little bit differently. While most of your friends have owned homes, with some now relocating to retirement communities, you’ve always rented, moving from place to place to accommodate various long-term corporate consulting assignments. Now, […]

LAW CHANGE + HOUSING WEALTH = EDUCATION FUNDING  For the past two years, you have been helping your son by contributing towards his oldest daughter’s college costs. You stayed away from opening a formal college savings plan, because you had heard that, as your granddaughter would make withdrawals to pay college expenses, that would have […]

PUTTING A CHECK VALVE ON MONTHLY CASH OUTFLOW  June 7th, 2022 Just four short years ago, when you both retired from full-time careers, you thought you had a foolproof plan in place for managing regular expenses and keeping up with the maintenance of your beautiful home and grounds. The plan was to postpone social security […]

HOUSING WEALTH HELPS MAKE ROTH CONVERSION FEASIBLE May 31st, 2022 As you enter your 70s, you’ve been considering converting your IRA account to a Roth before being obliged to take – and pay tax on, required minimum distributions. The size of the tax bill that would immediately come due has thus far scared you off […]

TURNING OFF THE MORTGAGE PAYMENT May 24th, 2022 After toying with the notion of moving to a smaller home, the two of you have decided to stay put. In the recent ‘hot” real estate market, you knew, the profit from selling might have liquidated your mortgage debt and still enabled you to afford the new […]

USING HOME EQUITY AS A FIXED DOLLAR INVESTMENT David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 May 17th, 2022 Five years ago, having made the decision to spend the rest of […]

HOME EQUITY ENABLES PARENTAL RESCUE PLAN  David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 May 10th, 2022 There’s never a good time for bad things to happen, and unfortunately, just as […]

HOME EQUITY AS AN ANTIDOTE TO INFLATION  David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 May 3rd, 2022 Although the two of you had done a lot of carefully planning leading […]

HOME EQUITY ASSISTS WITH COSTS OF ASSISTED LIVING David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 April 26th, 2022 After your father’s death three years ago, you moved your mother into […]

HOME EQUITY FUNDS HORTICULTURAL FACELIFT David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 April 19, 2022 Following a few months spent “window shopping” in this frenzied real estate market, you’ve made […]

HOME EQUITY ENABLES PARENTS TO PROVIDE HELP NOW David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 April 12th, 2022 When it comes to sharing cash or assets with your children, the […]

USING HOME EQUITY TO HOLD DOWN THE FORT  David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 April 5th, 2022 With a twelve year age difference between you and your wife, you’ve […]

USING HOUSING WEALTH TO FIGHT POVERTY WHEN MOST NEEDED  David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 The two of you have always made annual charitable gifts to humanitarian causes, and […]

REVERSE MORTGAGE “STANDS IN” FOR PORTOFOLIO DRAWS  David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 Given the state of the economy, you can’t help thinking you should have waited before retiring. […]

REVERSE MORTGAGE CAN HELP FEATHER A NEST IN THE SUN  David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 You’ve been toying with the idea for years, but all that ice and […]

REVERSE MORTGAGE HELPS RESCUE BIDDING WAR REFUGEES David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 While your original plan was to move to a smaller home with fewer outdoor grounds to […]

REVERSE MORTGAGE BUFFERS RISING LTC PREMIUMS David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 March 1st, 2022 When the two of you retired just seven years ago, you took comfort in […]

DAUGHTER REASSURED BY MOM’S REVERSE David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 February 24th, 2022 Five years ago, when your father fell ill, you moved back to Indiana from Tennessee […]

LOVE AND HOME OWNERSHIP CAN BE LOVELIER THE SECOND TIME AROUND David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 February 14th, 2022 Sinatra was right, the two of you agree, as, […]

REVERSE MORTGAGE TO TAKE THE PLACE OF THE 40%  David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 February 10th, 2022 The two of you have always agreed on a conservative approach […]

REVERSE MORTGAGE ENABLES LONG-TERM PORTFOLIO STRATEGY David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 January 25th, 2022 As a financial advisor, you’ve prided yourself on working in cooperation with your clients’ […]

REVERSE MORTGAGE HELPS GRANDPARENTS GIVE HELP David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 January 24th, 2022 You never thought this would happen, but in your late sixties, the two of […]

REVERSE MORTGAGE HELPS KEEP HEALTHCARE AT HOME David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 January 13th, 2022 In the year or so leading up to your retirement earlier this year, […]

REVERSE MORTGAGE BACK-LOADS LONGEVITY RISK David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 January 11th, 2022 In accordance with this way of thinking, pre-pandemic, you splurged on a number of luxury […]

REVERSE MORTGAGE GIVES PORTFOLIO RECOVERY TIME David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 January 1st, 2022 At age 65, you’re almost one full year into what you call “3/4 retirement”, […]

REVERSE MORTGAGE CUSHIONS FORAY INTO FRANCHISING David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 December 21st, 2021 Although your original plan had been to take on consulting gigs after retirement (planned […]

A REVERSE MORTGAGE CAN BE BETTER THE SECOND TIME AROUND David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 Seven years ago, after arriving at two important decisions (retire from full-time employment […]

BLOCKING THE TAX TORPEDO WITH A REVERSE MORTGAGE David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 Effective anti-torpedo defense depends on early detection of the torpedo. … Once the torpedo is […]

JUMPING AHEAD WITH A REVERSE MORTGAGE David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 At age 66, now three years into living on your own following your spouse’s passing, you’ve decided […]

REVERSE MORTGAGE FOR A LIFT AND A SWIRL David GarrisonHome Equity Retirement SpecialistNMLS # 1595194Serving the State of Indianap (317) 644-2595 c (765) 516-0130e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151Corporate NMLS #1025894 After much back-and-forth discussion, with each other, friends, the doctors, you’ve decided that despite the severe problems you’ve been having in […]

USE HOUSING WEALTH TO RESTORE A SMILE David GarrisonHome Equity Retirement SpecialistNMLS # 1595194Serving the State of Indianap (317) 644-2595 c (765) 516-0130e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151Corporate NMLS #1025894 Eight years into full retirement, you have been able to maintain your lifestyle needs very comfortably, particularly given the nice gains in […]

INCLUDING HEIRS IN REVERSE MORTGAGE PLANNING David GarrisonHome Equity Retirement SpecialistNMLS # 1595194Serving the State of Indianap (317) 644-2595 c (765) 516-0130e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151Corporate NMLS #1025894 Comforted by the fact that all three of your adult children are financially stable, the two of you have been able to focus […]

STAYING HOME POST-DIVORCE David GarrisonHome Equity Retirement SpecialistNMLS # 1595194Serving the State of Indianap (317) 644-2595 c (765) 516-0130e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151Corporate NMLS #1025894 In the fourth year of a second marriage that unfortunately is not going to work out, you are in the process of exploring your legal and […]

LET YOUR HOUSING WEALTH BE YOUR UMBRELLA David GarrisonHome Equity Retirement SpecialistNMLS # 1595194Serving the State of Indianap (317) 644-2595 c (765) 516-0130e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151Corporate NMLS #1025894 Now almost five years into a “three-quarters retirement”, you had been feeling pretty good about the degree to which consistent planning and […]

When Heirs Need Your Help More Than Your House David GarrisonHome Equity Retirement SpecialistNMLS # 1595194Serving the State of Indianap (317) 644-2595 c (765) 516-0130e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151Corporate NMLS #1025894 You’ve always been conscious of the importance of estate planning. Now, however, in your late seventies and in the aftermath […]

Housing Wealth Provides Fallback After Big Gift David GarrisonHome Equity Retirement SpecialistNMLS # 1595194Serving the State of Indianap (317) 644-2595 c (765) 516-0130e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151Corporate NMLS #1025894 Starting with assets inherited from parents and grandparents, the two of you have succeeded, through your own endeavors, in building those assets […]

INCOME FROM HOUSING WEALTH CAN REDUCE “BRACKET CREEP” David GarrisonHome Equity Retirement SpecialistNMLS # 1595194Serving the State of Indianap (317) 644-2595 c (765) 516-0130e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151Corporate NMLS #1025894 After retiring from long professional careers, the two of you have been able to maintain a relatively high standard of living […]

LOCK IN HOME VALUE BY “TRADING” LOANS David GarrisonHome Equity Retirement SpecialistNMLS # 1595194Serving the State of Indianap (317) 644-2595 c (765) 516-0130e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151Corporate NMLS #1025894 Your income has been more than sufficient to keep up mortgage payments of just over $2000 a month. But as retirement draws […]

DIVVYING UP A HOME DURING DIVORCE? A REVERSE MORTGAGE OFFERS OPTIONS David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 The original plan had been of the “till-death-do-us-part” variety, yet here the […]

AGING IN PLACE STARTS AS EARLY AS NOW David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 Hopefully, your list of “daily living activities” includes things such as dancing, golfing, cooking favorite […]

HOME RENOS ENABLE AGING IN PLACE David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 According to experts, it’s now easier – physically, financially, and emotionally – to pursue a cosmetic surgery […]

SNOWBIRDING MADE SIMPLE WITH A REVERSE David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 Like so many other older adults, you cherish the memories you’ve created in Indiana, and have decided […]

REVERSE MORTGAGE HELPS AVOID THE ONE BIG RETIREMENT NO-NO David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 In “5 ways to help protect retirement income,” Fidelity Viewpoints lists 4 to-dos and […]

REVERSE MORTGAGE BUFFERS INVESTMENT RISKS David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 No doubt about it – when it comes to living off your retirement savings, the “big bad wolf” […]

REVERSE MORTGAGE FEES CHARITABLE DOLLARS NOW, NOT LATER David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 For all of your adult life, to the extent your means permitted, you’ve been a […]

REACTIVATING STATIC ASSETS TO IMPROVE PORTFOLIO DIVERSIFICATION David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 As a first step in launching the next great phase of your life, you’ve recently accepted […]

RESCUING ADULT KIDS FROM NEVER-ENDING COLLEGE DEBT David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 Like many of your friends, you’ve tried to help fund the grandchildren’s college costs by making […]

GIVING RETIREMENT ASSETS MORE “STRETCH” David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 You’ve been building up financial assets for a long time in preparation for retirement, and now that you’re […]

KEEPING THE HOUSE POST DIVORCE David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 In these “worst of times”, your primary goal is to keep life as stable as possible for your […]

“RAMPING UP” ACCESSIBILITY IN MORE WAYS THAN ONE David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 While a number of your friends have been selling their homes, relocating themselves and their […]

REVERSE MORTGAGE EMPOWERS ENCORE CAREER David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 After a long and quite successful career, you’d been looking forward to retirement, but soon learned you’re not […]

REVERSE MORTGAGE HELPS HOMEOWNERS PLAN, NOT PREDICT David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 In a recent article, Dan Moisand, CFP® notes that predictions about “safe withdrawal rates” in retirement […]

BE READY TO REBOUND FROM PANDEMIC-INDUCED COSTS David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 You’ve both always carried on a very active lifestyle, and the first couple of years since […]

TAKING CARE OF LONG-TERM CARE WITH A REVERSE MORTGAGE David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 So far, so good, you’d been thinking. In fact, looking back over the five […]

TALKING COMPLIANTLY WITH CLIENTS REGARDING REVERSE MORTGAGES David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 As a financial advisor, you’re keenly aware of the need to avoid offering tax advice or […]

REVERSE MORTGAGES AND ROTH CONVERSIONS – LIKE A HORSE AND CARRIAGE David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 You’ve been doing quite well in semi-retirement, both health-wise and financially. However, […]

RULE OF 55 WITHDRAWAL? A REVERSE MORTGAGE MIGHT BE A BETTER IDEA David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 Like a number of your friends and former co-workers, you’ve been […]

EARLY SOCIAL SECURITY? A REVERSE MORTGAGE MIGHT BE A BETTER WAY TO GO David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 Your plan had been to work at least until your […]

LOCKING IN HOME VALUE ON A HIGH NOTE David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 With all the buzz about the incredibly competitive market for homes in Indiana, you’ve been […]

REVERSE MORTGAGE MYTH: All DEBT IS TO BE AVOIDED David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 After a close friend (like yourself in her mid seventies) confided that she had […]

You’ll Saddle Heirs with Debt David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 Four years in, you continue to reap the benefits of the saving and planning you’d done in preparation […]

REVERSE MORTGAGE MYTH: LIFETIME TENURE PAYMENTS ARE LIKE MUSICAL CHAIRS David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 The events of 2020 – in terms of both the pandemic and the […]

“REVERSING” THE TAX BURDEN ON SOCIAL SECURITY & MEDICARE David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 As a couple, your careful savings habits leading up to your retirement a year […]

IN-THE-NOW FINANCIAL ADVISORS CAN WEAVE HOUSING WEALTH INTO THE PLAN David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 You’ve been helping people manage their financial decisions for decades. Many of your […]

PRESERVING YOUR CHILDREN’S INHERITANCE THROUGH A REVERSE MORTGAGE David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 At 73 and 72 years old, you’re juggling a set of decisions that make feel […]

UNUSED REVERSE MORTGAGE TAX DEDUCTIONS BECOME PART OF LEGACY TO HEIRS David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 A recent discussion with your stepson (a highly successful professional who helps […]

FOR DIVORCE SETTLEMENT, TAP HOUSING WEALTH, NOT PORTFOLIO After months and months of back and forth negotiations and mediation, your divorce is at last being finalized. The one item about which there has been no dispute is the occupancy of your home, since you are the only one interested in continuing to live and work […]

DRAW FROM HOUSING WEALTH, LET PORTFOLIO GROW David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 At age 67, you’ve just retired and already are experiencing some concern about the Systematic Withdrawal […]

WHO NEEDS TO TALK THE HOUSING WEALTH TALK? David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 After reading an article about the advantages of a reverse mortgage, the two of you […]

YOUNGER SPOUSE? A REVERSE MORTGAGE CAN PROTECT YOU BOTH David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 While the years following the death of your wife have been extraordinarily difficult, you […]

REVERSE MORTGAGE/ LIFE INSURANCE COMBO CAN HAVE MULTIPLE USES David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 With retirement planned for each of you within the next year or two, you’ve […]

Reversing The Sequence with a Reverse Mortgage David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 By next spring, when you will both be qualified to receiver social security benefits, you’re going […]

DAUGHTER WANTS MOM INDEPENDENT David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 As an only child, daughter of a mom who was widowed 2 ½ decades ago, you were always taught […]

HOUSING WEALTH COMES FULL CIRCLE WHOLE LIFE David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 Before your wife of almost fifty years passed in 2020, the two of you had planned […]

HOUSING WEALTH CAN FUND A SECOND LIFE David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 Yours is a story of senior dating site success – after nine years of widowhood, at […]

LET YOUR HOME FUNCTION AS YOUR BACKUP RESERVE FUND David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 It’s a good time to sell a home in Indiana, as you and your […]

IN COUNTDOWN TO RETIREMENT, LET YOUR HOUSING WEALTH COUNT David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 You’re the proverbial “ducks-in-a-row” type, and you’ve already begun to plan for your retirement […]

REVERSE MORTGAGE CAN MAKE SNOWBIRDING A REALITY David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 In this, your fifth year of “semi-retirement” following 40+ year careers in the private education system, […]

REVERSE MORTGAGE TO BRIDGE THE COBRA-MEDICARE GAP David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 You’ve both been employed at the same company (in different departments) for the past nineteen years. […]

PAYING AHEAD IN REVERSE The unusual rise in prices of residential real estate made taking out a second mortgage on your home tempting. After careful thought, though, you’ve decided to approach the issue at the other end of the spectrum. Over the coming two and a half years, you’re resolved, you’ll make “oversized” monthly payments […]

STEP UP SPOUSAL BENEFITS WITH A REVERSE REFINANCE Listening to neighbors discussing refinancing their mortgage loans (in order to lock in current lower interest rates) has made you think about the reverse mortgage you had taken out just three years ago on your home following your remarriage. Your husband was 60 years old at the […]

BALANCING ASSET CLASSES WITH A REVERSE MORTGAGE Now ten years into partial retirement from careers in counseling, you’ve both decided to take full retirement as of year-end 2021. You want to pay more attention to managing your financial assets along with expanding your involvement in photography (you) and art collecting (she), firmly resolved to spend […]

IMPACT INVESTING USING HOUSING WEALTH Now that you and your spouse have each survived both your first four years of retirement and COVID-19, you’re more than ever determined to make a difference in the way you conduct your lives, including the way you invest your money. Your portfolio choices in your retirement accounts have been […]

REDUCING DEPENDENCY ON STOCK MARKETS MOVEMENTS WITH A REVERSE MORTGAGE Now in your fifth year of retirement, you’ve been generally satisfied with the plan you had set up for automatic quarterly withdrawals out of both your rollover account and your non qualified investment account. Those withdrawals notwithstanding, both accounts have increased substantially in value. While […]