{"id":7503,"date":"2024-07-28T08:33:08","date_gmt":"2024-07-28T12:33:08","guid":{"rendered":"http:\/\/therosenbaumlawfirm.com\/blog\/?p=7503"},"modified":"2024-07-28T08:33:08","modified_gmt":"2024-07-28T12:33:08","slug":"hardship-distributions-are-up-2","status":"publish","type":"post","link":"https:\/\/therosenbaumlawfirm.com\/blog\/?p=7503","title":{"rendered":"Hardship distributions are up"},"content":{"rendered":"<p>According to Vanguard, hardship distributions are up and that\u2019s not a good sign.<\/p>\n<p>The number of hardship withdrawals per 1,000 savers soared about 40% in 20023 and has doubled since 2021.<\/p>\n<p>The main reason people were raiding their retirement accounts was to avoid losing their homes.<\/p>\n<p>Withdrawals totaled 72 for every 1,000 savers in 2023 or an average of six per month. Fewer than 4% of savers took a hardship withdrawal during the year.<\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>According to Vanguard, hardship distributions are up and that\u2019s not a good sign. The number of hardship withdrawals per 1,000 savers soared about 40% in 20023 and has doubled since 2021. The main reason people were raiding their retirement accounts &hellip; <a href=\"https:\/\/therosenbaumlawfirm.com\/blog\/?p=7503\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/7503"}],"collection":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7503"}],"version-history":[{"count":1,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/7503\/revisions"}],"predecessor-version":[{"id":7504,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/7503\/revisions\/7504"}],"wp:attachment":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}