Highlights of Principal Financial Survey

By Wed, Oct 7, 2009

Highlights of Principal Financial Survey 50% of workers unsure when they will retire 12% have delayed their planned retirement date 40% may delay retirement by six years or more 83% do not have a plan for converting savings to income 43% of those who have a plan have an “actual written plan” 44% of retirees... Read more »

Highlights of Principal Financial Survey
  • 50% of workers unsure when they will retire
  • 12% have delayed their planned retirement date
  • 40% may delay retirement by six years or more
  • 83% do not have a plan for converting savings to income
  • 43% of those who have a plan have an “actual written plan”
  • 44% of retirees began planning for retirement 10 years before retirement
  • 73% of retirees say they should have started planning earlier
Source: The Principal Financial Well-Being Index, Third Quarter 2009