Among very confident retirees, those who chose income flooring over other common approaches are:1
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Transitioning to retirement
The shift from worker to retiree may be challenging for many individuals. Creating a long-term financial plan that incorporates lifetime income options can be a key to finding both greater success and happiness. Get insights and resources to connect the dots between individual needs and strategies that work.
Creating income in retirement: An elusive concept for many
A recent Principal® Retirement Security Survey (fielded in March 2022) sheds light on workers' thoughts on saving, planning, and creating retirement income—and finds a few areas where confidence is lacking.
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Retirement income remains a stable focus
Despite COVID's impacts, saving for and generating income in retirement is front-of-mind for both workers and employers. Find out what specific topics rise to the top of the list when it comes to retirement income.
FIELDED IN JANUARY 2021
Principal® Retirement Security Survey
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I would feel more confident with my retirement savings and finances if I knew projections of how much I will need when the time comes, how much outflow of money there will be, and how long it will last ... and what I need to do each month from here on out to reach the goal I need.
Survey respondant (Worker)*
Common approaches to retirement income
Establishing an income stream in retirement is an important step toward enjoying retirement with confidence. Use our Guide to common approaches to retirement to learn about options that align with most individuals' needs.
The happiest
Most emotionally prepared for retirement
Confident they'll have enough money to live comfortably through retirement
Want to learn more?
Check out these helpful resources and materials below. Still have questions? Reach out to your local Principal® representative or support team.
1 2021 Principal® Retirement Income survey.
2422457-092022