Retirement

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Actionable insights to help power retirement portfolios

Retirement

Positioning retirement portfolios today

Active management can help maximize income potential while managing risk in retirement portfolios. Watch this video to discover more ways to combat challenges retirement investors are facing in 2025.

By Mike Reidy, Director, Client Portfolio Manager

Asset allocation

Retirement ready: The power of target date funds

Our perspective on target date funds and their evolution into a cornerstone of modern retirement planning.

By Mike Reidy, Director, Client Portfolio Manager

Asset allocation

Don’t underestimate inflation’s knack for dampening retirement spirits

Retirees face higher inflation in essentials like healthcare. Discover strategies to protect purchasing power and preserve savings against rising costs.

By Mike Reidy, Director, Client Portfolio Manager

Retirement focused solutions

Explore strategies designed to help clients reach their optimal retirement outcomes.

Active, hybrid, or passive target date strategies designed to help get your clients to and through retirement.
A broad range of cost-effective investments for qualified retirement plans.1
Investment expertise across equity, fixed income, and alternatives to provide diversification benefits.

Why Principal Asset Management?

We’re focused on harnessing the potential of every opportunity to secure an advantage for our clients.

Trusted heritage of Principal

140+ years For more than a century, Principal has helped individuals confidently reach their goals. Established in 1994, Principal Asset Management is the investment management business for Principal Financial Group®.

Expertise

Over 650 Investment professionals providing a depth of knowledge, averaging 17 years of industry experience.2

Scale and scope

28th largest Manager of worldwide institutional assets3, Principal Asset Management is a fiduciary with disciplined process and specialized expertise across asset classes, managing $559.1 billion in assets.2

Strong foundation

Fortune 500 Backed by the resources of a Fortune 500 company, the Principal Financial Group delivers value to our shareholders and more than 62 million customers who rely on our expertise in retirement, insurance, and asset management.4

1. Collective Investment Trusts (CITs) are not approved for nonqualified, 457(b) or 403(b) plans.

2. As of 12/31/2024.

3. 411 managers profiled by total worldwide institutional assets as of 31 December 2023 “Largest Money Manager,” PENSIONS & INVESTMENTS, June 2024

4. As of 12/31/2023. See our most recent 10-K or 10-Q report for additional information and forward-looking disclosures. For other updates, visit www.principal.com.

Disclosures

Target-date portfolios are managed toward a particular target date, or the approximate date the investor is expected to start withdrawing money from the portfolio. As each target-date portfolio approaches its target date, the investment mix becomes more conservative by increasing exposure to generally more conservative investments and reducing exposure to typically more aggressive investments. Neither the principal nor the underlying assets of target-date portfolios are guaranteed at any time, including the target date. Investment risk remains at all times. Neither asset allocation nor diversification can ensure a profit or protect against a loss in down markets. Be sure to see the relevant prospectus or offering document for a full discussion of a target-date investment option including determination of when the portfolio achieves its most conservative allocation.

Carefully consider a fund’s objectives, risks, charges, and expenses. Contact your financial professional or visit www.PrincipalAM.com for a prospectus, or summary prospectus if available, containing this and other information. Please read it carefully before investing.

Investing involves risk, including possible loss of principal.

Asset allocation and diversification does not ensure a profit or protect against a loss. Equity investment options involve greater risk, including heightened volatility, than fixed-income investment options. Fixed-income investments are subject to interest rate risk; as interest rates rise their value will decline. The performance and risks of a fund of funds directly correspond to the performance risks of the underlying funds in which the fund invests. Potential investors should be aware of the risks inherent to owning and investing in real estate, including: value fluctuations, capital market pricing volatility, liquidity risks, leverage, credit risk, occupancy risk, and legal risk. Use of alternative strategies may magnify risk.

Past performance does no guarantee future results.

There is no guarantee that a target date investment will provide adequate income at or through retirement. A target date fund’s (TDF) glide path is typically set to align with a retirement age of 65, which may be your plan’s normal retirement date (NRD). If your plan’s NRD/age is different, the plan may default you to a TDF based on the plan’s NRD/Age. Participants may choose a TDF that does not match the plan’s intended retirement date but instead aligns more to their investment risk. Compare the different TDF’s to see how the mix of investments shift based on the TDF glide path.

The investment manager’s investment philosophy and strategy may not perform as intended and could result in a loss or gain.

Principal Global Investors, LLC (PGI) is registered with the U.S. Commodity Futures Trading Commission (CFTC) as a commodity trading advisor (CTA), a commodity pool operator (CPO) and is a member of the National Futures Association (NFA). PGI advises qualified eligible persons (QEPs) under CFTC Regulation 4.7.

Insurance products and plan administrative services provided through Principal Life Insurance Company®. Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc. Securities offered through Principal Securities®, Inc., 800-547-7754, Member SIPC and/or independent broker-dealers. Referenced companies are members of the Principal Financial Group®, Des Moines, Iowa 50392. Certain investment options and contract riders may not be available in all states or U.S. commonwealths.

Principal Asset Management℠ is a trade name of Principal Global Investors, LLC.

© 2025 Principal Financial Services, Inc. Principal®, Principal Financial Group®, Principal Asset Management, and Principal and the logomark design are registered trademarks and service marks of Principal Financial Services, Inc., a Principal Financial Group company, in various countries around the world and may be used only with the permission of Principal Financial Services, Inc.

MM14140-01 | 02/2025 | 4208564-062025