Decisions that Rock Retirement Income
The Principal helps financial professionals educate clients on critical issues
May 28, 2009 (Des Moines, IA) — Seventy just may be the new 62 when it comes to retirement. The vast majority of American workers (89 percent) say they are delaying retirement in order to increase the chances their nest egg will last a lifetime.
Postponing retirement is just one of a number of critical decisions that can make or break financial security in retirement. Financial professionals can help clients understand the implications of their choices using new educational guides from the Principal Financial Group®.
The new educational materials explore:
- Social Security Considerations for Married Couples
- Benefits of Delaying Retirement
- Net Unrealized Appreciation
- Five Key Retirement Risks
"One of the biggest risks we face in retirement is outliving our savings," said Randy Bachman, assistant vice president, Retirement and Investor Services at The Principal®. "Now more than ever before investors are turning to financial professionals to guide them through ways to reduce that risk. These new materials are the latest in an ongoing series of tools that financial professionals can use to help their clients better understand their options and make choices that may help lead to retirement security."
These new educational guides are part of Principal Retirement Income EdgeSM, a comprehensive program equipping financial professionals with education, tools and other resources to help meet client needs and grow their retirement income planning business.
About the Principal Financial Group
The Principal Financial Group®(The Principal ®) is a leader in offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement and investment services, life and health insurance, and banking through its diverse family of financial services companies. A member of the Fortune 500, the Principal Financial Group has $236.6 billion in assets under management and serves some 18.8 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG. For more information, visit www.principal.com.