A new retirement planning tool from the Principal Financial Group is aimed at helping plan participants manage, visualize and plan for their retirement savings goals.
The Retirement Wellness Planner is a tool that includes a range of features — including interactive sliders, intuitive prompts and a real-time savings graph that focuses on monthly income in retirement and how long that income may last — and is one part of the Principal's goal of helping plan participants take better advantage of their plans through better education, simplified procedures for account management and other services.
Participants can take actions — such as increasing deferrals — from within the planner, without having to leave for another site.
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