Shifting Into Reverse Blog
#28 Saying It Isn’t So About Reverse Mortgages
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 […]
#27 Increasing Income, Yet Avoiding Increased Tax on Social Security
“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 […]
#26 A Reverse Mortgage Can Represent Value-Added Financial Planning Advice
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 […]
#25 Reverse Mortgage Preserves Highly Appreciated Assets for Next Generation
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 […]
#24 Reverse Mortgage Accrued Interest Can Benefit Heirs
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 […]
#23 Using Housing Wealth in a Divorce Settlement
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 […]
#22 Switch from Portfolio SWIP to Reverse Mortgage Draw
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 […]
#21 Reverse Mortgage Decisions Involve Family Members and Advisors
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 […]
#20 A Nonborrowing Spouse Protected on a Reverse Mortgage
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 […]