New Principal® Survey Finds Middle-Income Households Are Exceeding Their Retirement Savings Expectations

DES MOINES, Iowa–(BUSINESS WIRE)–In a new survey from Principal Financial Group®, middle-income households are generally applying strong retirement savings habits and behaviors, even as they balance competing financial priorities. According to the survey, Principal® Real Life Retirement Journeys, 77% of middle-income households (those with between $50,000 and $99,999) are saving for retirement at an average rate of 7.8% of their income before receiving additional contributions from their empl