David Garrison

HOME EQUITY CAN BE A TAX DEFERRAL TOOL  Officially retired three years ago from your corporate position, you chose to defer social security benefits to age 70, allowing the amount to increase. You’ve been able to earn part time income, avoiding the need to tap your IRA rollover account. In fact, you’re hoping to defer […]

THINKING AHEAD ABOUT CARING IN PLACE  Several of your neighbors have sold their homes, with one moving to live with her daughter in another state, the other relocating to a suburban retirement community. But, for your part, you’ve made the firm decision to continue living in your own modest-size Indianapolis home. With all your favorite […]

IN A QUANDARY ABOUT DEFERRING SOCIAL SECURITY BENEFITS  After attending three different seminars, plus listening to umpteen radio ads about leaving six figures on the table when claiming Social Security benefits the “wrong way”, you’re still in a quandary as to the best route to take. With your planned retirement date (career curtain time”?) only […]

AFTER A DOWNSIZING, TURN TO HOUSING WEALTH FOR SUPPORT At age 56, you’ve just received the very unwelcome news that you, along with several co-workers in your department, are being “downsized” (aka let go) just weeks from now (with pay continuing for six months). While you began immediately to put out job feelers, the horizon […]

WHEN SMALLER BEGINS TO SEEM BETTER Years ago, having a big back yard with an in-ground pool meant keeping your kids and their friends “in sight”. At your present stage in life (widowed and retired, age 67), these amenities have become more burden than boon. You continue to prize owning property over being a tenant, […]

STAYING HOME THROUGH SICKNESS AND HEALTH Even before retiring just a year ago at age 69, you had decided against moving to a retirement community in favor of remaining in your own home (where you have the space to host a child or grandchild when they are in town to visit you).While far from handy, […]

THINKING OF POSSIBLE OWNERS-TO-BE Following a round of visiting friends who have sold their homes and moved into various luxury retirement communities, you’ve decided that lifestyle is not for you. After an extended period of mourning your wife’s passing, you have become very involved in community and cultural activities, making the decision to “stay put” […]

REACHING FOR REASSURANCE IN RETIREMENT CHAPTER 2 Over the final third of your careers, the two of you had done a lot of planning for your retirement years, envisioning trips and activities and planning for a do-over of your home to make it “elder-friendly”. Today, six years into retirement, you’re taking stock. You have, in […]

DEFERRED FIXED ANNUITIES & REVERSE MORTGAGES – BROTHERS FROM ANOTHER MOTHER “Perhaps the best protection from market downturns is a steady stream of income,” Penelope Wang pointed out in a recent issue of the AARP Bulletin After mentioning Treasury Inflation Protected Securities, or TIPs, the author suggests another option: income annuities. In fact, single premium […]