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About Principal®
Principal® puts your retirement savings within reach. Track account balances, manage contributions, and adjust investments directly from your phone. The app gives you real-time control over your financial future without the friction of desktop logins or lengthy phone calls.
Stay informed about your retirement readiness with the Retirement Wellness Score, a personalized tool that shows how you're tracking toward your goals. This clear snapshot helps you understand where you stand and what adjustments might move you closer to the retirement you envision.
Build financial confidence through educational resources tailored to your needs. Learn strategies for budgeting, saving effectively, paying down debt, and other topics relevant to your retirement journey. Knowledge about your own finances translates into smarter decisions.
Access your insurance information whenever you need it—no hunting through paperwork or calling customer service. Everything is organized in one place, organized by plan type.
Note that available features and information vary by plan type. For transactions or changes not available through the mobile app, you can access the full suite of tools through the Principal website. The app serves as your mobile hub for frequent check-ins and quick adjustments, designed to keep you engaged with your retirement strategy.
Pros & Cons
Pros
- Track retirement account balances and contributions in real time from your phone
- Retirement Wellness Score shows personalized progress toward your retirement goals
- Educational resources on budgeting, saving, and debt payoff strategies included
- Insurance information organized in one place, accessible without paperwork or phone calls
Cons
- Some account transactions and changes require logging into the Principal website instead
- Available features and information vary significantly depending on your specific plan type
- Requires active internet connection to access account data and make adjustments
- Real-time investment adjustments may encourage impulsive trading decisions
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