More Americans are tapping investments to pay for spending, analysis finds

More Americans are turning to their investment portfolios to support their spending, according to new research — a shift that researchers say shows household finances are more closely tied to the ups and downs of the stock market. Over the three months ending in April, 8.2% of individuals transferred money from their investments into their checking accounts, up from 4% during the same period in 2019 and 2.4% in 2015, according to a new report from the JPMorganChase Institute. The economic think tank, which is part of JPMorgan Chase , examined more than 20 million de-identified Chase checking accounts. Those transfers were equivalent to 6.8% of spending from those checking accounts, up from 3.5% in 2019 and 2.3% in 2015.