Get all your news in one place.
100's of premium titles.
One app.
Start reading
GOBankingRates
GOBankingRates
Jake Safane

I’m a JP Morgan Advisor: Why So Many Seniors Are Withdrawing Retirement Funds Too Early

fizkes / iStock.com

Try as you might to plan your ideal retirement, life is full of surprises. The reality is that the majority of Americans — 58% — end up retiring earlier than expected, with the median retirement age being 62, according to Transamerica research. 

That often results in seniors or those in their late 50s and early 60s pulling too much money out of their retirement accounts too quickly.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.