Principal Announces Mobile Retirement Apps

December 1, 2010 (PLANSPONSOR.com) – The Principal Financial Group has introduced several mobile planning tools and applications for retirement plan participants.

A news release said planning tools on its mobile Web site focus on helping consumers and business owners rebuild their financial security.

The Dream. Design. Rebuild. mobile site (http://m.principal.com/dreams/) is an extension of a participant seminar and handbook, designed to help participants define their financial goals, create a strategy, and find a financial professional to help make those dreams a reality. The site lets users select up to three dreams, receive mobile-friendly “to do” items and resources for goals like buying a home, becoming debt free or going back to school; and e-mail a list of actionable to-do items to themselves and their adviser, the announcement said.

According to the announcement two mobile planning tools have been added to America Rebuilds (https://m.principal.com/planningcenter/index.html) to help consumers assess and understand their needs for life and disability income insurance. A From Here to Security disability income calculator helps consumers analyze how much income replacement they may need if they become too sick or hurt to work. Similarly, the From Here to Security life insurance calculator helps analyze income needs to determine whether their coverage is adequate for survivors, in the event of their death.  

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