16% of High-Earning Older Americans Are Making This Major Retirement-Planning Mistake [The Motley Fool]
Principal Financial Group Inc (PFG)
Last principal financial group inc earnings: 4/27 04:15 pm
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US:NYSE Investor Relations:
investors.principal.com/investor-relations/default.aspx
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Source: The Motley Fool
Though not every worker has access to a 0(k) plan, those who are eligible to participate in one would be wise to capitalize on that option -- especially as retirement nears. But in a recent survey by Principal Financial Group, roughly % of pre-retirees earning $00,000 or more per year are not participating in a 0(k). And that's a mistake they might really regret. Personal savings are a must for retirement With pensions being a rarity today, workers need to save at the individual level for a shot at a secure retirement. Social Security Meanwhile, most workers today should expect to need a good 70% to 80% of their former income to live comfortably once their careers wrap up. These figures account for expenses that include housing, healthcare (the cost of which tends to increase among seniors), transportation, utilities, food, and entertainment. As such, it's clear that income beyond Social Security is needed, and in the absence of a pension, personal savings IMAGE SOURCE: GETTY IMAGES.
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News
- PRINCIPAL REAL ESTATE INCOME FUND CONTINUES SHARE REPURCHASE PROGRAM [Yahoo! Finance]Yahoo! Finance
- Principal Financial Group, Inc. (NYSE: PFG) was upgraded by analysts at Piper Sandler from a "neutral" rating to an "overweight" rating. They now have a $90.00 price target on the stock.MarketBeat
- The Standard Names Mark Christensen PEP Sales Director for Retirement Plans [Yahoo! Finance]Yahoo! Finance
- Is CPHYX a Strong Bond Fund Right Now? [Yahoo! Finance]Yahoo! Finance
- November CPI Report: Inflation Risks Keep The Fed On Edge [Seeking Alpha]Seeking Alpha
PFG
Earnings
- 10/24/24 - Miss
PFG
Sec Filings
- 12/20/24 - Form 4
- 12/20/24 - Form 4
- 12/20/24 - Form 4
- PFG's page on the SEC website