Millennials want to retire by 60. Good luck with that. [USA TODAY]
Principal Financial Group Inc (PFG)
Last principal financial group inc earnings: 4/27 04:15 pm
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Source: USA TODAY
The average millennial is thirty-something, an age by which most of us are well-versed in the ups and downs of financial life. It may come as a surprise, then, that the average millennial expects to retire before 60, a goal not many of us can afford to attain. In a February poll, YouGov asked millennials when they expect to retire . The largest share, 30%, chose the age range of 51 to 60. Another recent survey, by Principal Financial, found that the average millennial expects to retire at 59 Other retirement surveys find millennials planning to work well into their sixties. Yet, taken together, the reports suggest a clear pattern. Millennials expect to retire younger. Older Americans, of Generation X and the baby boom , expect to retire older. Few workers of any age have the necessary funds to retire early “There's a huge difference between wanting to retire at 55 and actually retiring at 55,” said Sam Nofzinger, general manager of brokerage at Public, an investment platfor
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PFG
News
- Principal Financial Group, Inc. (NYSE: PFG) had its price target lowered by analysts at Wells Fargo & Company from $91.00 to $85.00. They now have an "equal weight" rating on the stock.MarketBeat
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- Principal Financial Group Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
PFG
Earnings
- 4/25/24 - Miss
PFG
Sec Filings
- 4/29/24 - Form 13F-HR
- 4/25/24 - Form 8-K
- 4/17/24 - Form 8-K
- PFG's page on the SEC website