Published: April 08, 2010
The Principal Releases New Guides for Advisors in Recognition of National Retirement Planning Week
DES MOINES, Iowa - (BUSINESS WIRE) - Study after study reports Americans aren't saving enough for retirement.
Particularly alarming is a recent survey from the Employee Benefit
Research Institute that found 27 percent of workers have less than
$1,000 in total savings and investments.1
To help raise awareness of the need to comprehensively plan for
retirement, the Principal Financial Group is joining the Insured
Retirement Institute in sponsoring National Retirement Planning Week,
April 12-15, 2010.
In recognition of this special week, as well as the important role of
the financial professional in helping Americans with retirement
security, The Principal is unveiling two new educational
guides. The guides are designed to jumpstart discussions between
financial professionals and investors on critical issues that impact
financial security in retirement:
-
Health Care Cost Considerations for Retirees: covers projected
health care costs and includes a spreadsheet to help investors
personalize their own potential health care costs
-
Maintaining a Retirement Income Plan: helps investors
understand the need to create a retirement income plan and continue to
monitor savings and spending to help keep their plan on track
An existing guide, Social Security Considerations for Married Couples,
is also available. It discusses several options for married couples to
consider before electing their Social Security benefits.
The simple, three-page guides are available at www.AmericaRebuilds.com
under the "For Financial Professionals" tab. America Rebuilds, a new
campaign from The Principal, seeks to connect consumers and business
owners with financial professionals to help rebuild their financial
security. The Web site is designed to engage, educate, inspire and
motivate Americans to take action.
"At the core of the America Rebuilds campaign is a very simple message:
get an advisor and get a plan," said Tim Minard, senior vice president
of retirement and investor services at The Principal. "National
Retirement Planning Week is a perfect fit with America Rebuilds in
working to keep retirement planning top of mind for all Americans."
National
Retirement Planning Week is sponsored by the National Retirement
Planning Coalition, a group of prominent financial industry and advocacy
organizations headed by the Insured Retirement Institute. The group was
formed to raise public awareness of the need for comprehensive
retirement planning.
The 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)2
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 $284.7
billion in assets under management3 and serves some 18.9
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.
Insurance products and plan administrative services are provided by
Principal Life Insurance Company, a member of the Principal Financial
Group (The Principal®), Des Moines, IA 50392.
t10040600a1
1 2010 Retirement Confidence Survey, Employee Benefit
Research Institute (excludes value of primary residence).
2 "The Principal Financial Group" and "The Principal" are
registered service marks of Principal Financial Services, Inc., a member
of the Principal Financial Group.
3 As of December 31, 2009

Principal Financial Group
Jaime Naig, 515-247-0798
naig.jaime@principal.com
or
Terri
Hale, 515-283-8858
hale.terri@principal.com
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