New Tool from Principal Financial Group Helps Build Personalized Roadmap to Financial Security

Employees overwhelmed by difficult benefit choices and complex financial decisions, now have a new tool to put them on track, the Principal Financial Group, Des Moines, Iowa, has announced. My Principal Edge Milestones is an interactive program that analyzes financial needs and gives employees an easy to follow roadmap of actions to help meet their goals.

Much more than a retirement calculator, Milestones from the Principal Financial Group, helps employees of plan customers identify shortfalls in saving for retirement and shows gaps in other financial needs. The output is a simple, personalized action plan that outlines steps towards filling those gaps and help in meeting long term financial goals.

“It’s little wonder 66% of American workers say they have not conducted an analysis of their financial needs in the past three years. Making financial decisions is complex and calculators often require more information than they have at their fingertips,” said Luke Vandermillen, national director of worksite solutions for the Principal Financial Group. “With Milestones, employees can develop a plan with as little as four pieces of information. What they get in return is a one-page, personalized timeline with simple steps that help them take action.”

Overcoming roadblocks to increase benefit satisfaction