Early withdrawal
How early withdrawal affects retirement fund returns
Explained by our expert
About me
Megan specialises in retirement planning and member support, with experience spanning retirement fund consulting, employee benefits and regulatory compliance. She holds a BCom Law degree from the University of Johannesburg, has completed her LLB at UNISA and is a member of the Pension Fund Lawyers Association. Currently working towards a Master’s in Commercial Law with a focus on retirement funds, Megan brings a strong legal foundation to her work — helping SURF members better understand their retirement savings and make informed financial decisions
Watch next
Video Transcript
Retiring properly is the intended endpoint of your retirement savings journey. You've accumulated money over decades for this moment. Withdrawing early, especially if you cash out, will devastate your eventual retirement. That money you took out at 35 could have grown to three or four times that amount by the time you’re 65.
