David Garrison

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 […]