David Garrison

USING HOUSING WEALTH TO FUND A SPECIAL SCHOLARSHIP Now both “officially” retired, you each continue to bring in gig income from personal coaching and speaking engagements. With no children or grandchildren (and therefore no need for extensive living space), you’ve nonetheless made the decision to spend your retirement years in the home you’ve occupied for […]

USING HOUSING WEALTH TO HEAT A HOME  Now that you’re both retired, you’ve begun the process of adapting your home inside and out to better suit your future “aging in place” needs and in general to improve the décor and the front and back yards. Your appliances, HVAC system have all be updated or replaced, […]

USING HOUSING WEALTH TO FUND PROTECTION PLANS  Now both fully retired (as of the end of 2025) from your full-time jobs (you continue to each bring in a modest amount in gig income), you’re devoting serious effort towards streamlining your bill-paying and examining your recordkeeping “systems” and reviewing all the different kinds of insurance you […]

USING HOME AS A HAVEN IN FINANCIAL CRISIS TIMES  “Oil spike drives client calls, tests advisors’ messaging discipline”, Rob Burgess observes in Financial Planning.How true, you cannot help thinking. As a wealth management veteran, you’re spending an increasing percentage of your time reassuring clients, urging them to “stay the course” and avoid upending the careful […]

HOME WITH A REVERSE MORTGAGE DOES NOT MAKE THE “WORST ASSETS” LIST  An article you read lately has caused you to rethink your estate plan, which was originally conceived before your wife passed away. What first captured your attention was the Kiplinger article about what assets to leave for one’s heirs. “Let’s face it,” Elaine […]

MAKING ROOM FOR DAD USING A REVERSE MORTGAGE Since your mother passed away, Dad’s health has been a bit iffy. While he’s still able to drive and take care of his basic needs, you worry about him constantly. As a widow now retired from full-time work, you stay in touch with your father daily, but it’s […]

DANCING THE HORA USING HOME EQUITY After a health scare a couple of years ago turned out to have only a minor impact, you reevaluated your plan to sell your home and move into a new, upscale retirement community in northern Indiana. Emotionally, it felt simpler to stay put in the home you’d owned for […]

HOME EQUITY ENABLES GETTING AROUND WHLE STAYING HOME   While you’re feeling the crunch of higher living costs along with everyone else, you’re both feeling secure in your decision to spend your retirement years at home (you retired two years ago, your husband at the end of last year). Over the past two years, you […]

USING HOUSING WEALTH, ENABLE BUSINESS SUCCESSION PLAN SUCCESS  Most of your adult life has been spent as owner-operator of a car repair and detailing shop. Now, preparing to retire, you’ve arranged to sell the business to your son. You’ve worked through various stages of planning, obtained a business valuation, and have made a number of […]