Divorce Drives Early Withdrawal From Retirement Accounts: University of Michigan
May 20, 2020
May 20, 2020
ANN ARBOR, Michigan, May 20 -- The University of Michigan issued the following news release:
Divorce--not buying granite countertops for a remodel--is what drives people to withdraw from their retirement funds well before they actually retire, according to a University of Michigan researcher.
And mortgage payment distress is also a major factor--leading families to withdraw funds.
Americans were most likely to access cash from their retirement accounts befo . . .
Divorce--not buying granite countertops for a remodel--is what drives people to withdraw from their retirement funds well before they actually retire, according to a University of Michigan researcher.
And mortgage payment distress is also a major factor--leading families to withdraw funds.
Americans were most likely to access cash from their retirement accounts befo . . .