Build your retirement savings action plan

Follow our step-by-step process for taking greater control of your retirement savings

Are your retirement savings on track? Are you making progress toward your savings goal? And, most importantly, are your savings on track to generate enough income to last throughout retirement?

If you don't know — or don't like — the answers to these questions, The Principal^® can help. Follow the steps below to begin taking control of your retirement savings.

To get started, gather financial statements — such as Social Security, savings accounts, retirement accounts, pension plans and any other accounts you plan to use for retirement funding. Also, consider at what age you'd like to retire, and make sure you know about how much you contribute to your retirement plan each pay period (either a percent of pay or a dollar figure is fine).
Try our Retirement Planning Calculator to evaluate your retirement goals and develop a clear plan.
- Answer the simple questions using the information you've gathered, and the tool will crunch the numbers for you.
- At the end, you'll see an easy-to-read chart showing an approximation of how much income you may generate each month during retirement. The chart will also show any estimated surplus — or gap — in your monthly income at retirement.
If you do have an income gap, review the suggestions for small changes that can help you get your retirement savings on track.
If you have strategy questions or issues, talk with your financial professional. If you don't have one, call us at 877.788.7242, ext. 46975.

With the help of The Principal, building an action plan is easy.

Ready to Get Started?

Visit the Retirement Planning Calculator

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