Skip navigation.
Go to the Principal Financial Group(R) home page
Secure  Account Login

Select login type:


Well-Being Index
Quick Links
Tools

The Principal Financial Well-Being IndexSM Retiree Questions - Third Quarter 2007

Meeting with Financial Planners

An overwhelming majority of retirees (65%) have never had a financial planner. Another seven percent have given up their financial planner since they have retired. Thirteen percent meet with their financial planner less often now that they are retired. Conversely, seven percent of retirees have obtained a financial planner since they retired and an additional seven percent of retirees say they meet with their financial planner more often now that they have retired.

Table 37
"As a retiree, how often do you meet with your financial planner compared to before your retirement?"

  3 Qtr 2007 Retiree
I never had a financial planner. 65%
I meet with my financial planner less often now that I'm retired. 13%
I meet with my financial planner more often now that I'm retired. 7%
I did not have a financial planner before my retirement but I do now. 7%
I had a financial planner before I retired, but not anymore. 7%
  N=554

Financial Security in Retirement

Almost half of the retirees (49%) say they feel about the same regarding their financial security as they did before they retired. Approximately one-quarter of them feel better about their financial security than before they retired (27%) and about one-quarter of them feel worse about their financial security than before they retired (24%).

Table 38
"How do you feel about your financial security now that you are retired?"

  3 Qtr 2007 Retiree
I feel the same as I did before retiring. 49%
I feel better about my financial security than I did before retiring. 27%
I feel worse about my financial security than I did before retiring. 24%
  N=554

Have a question? Call us at 1.800.986.3343

Copyright © , Principal Financial Services, Inc.
Disclosures and Terms of Use | Products and Services Disclosures | Privacy and Security
Securities offered through Princor Financial Services Corporation, member SIPC