Supportive planning
Use our tools and insights to help identify predicable income sources, sustainable withdrawals, and healthcare expenses.
Help where it counts
Connect with our financial professionals, so you can make informed decisions that could help your money last in retirement.
Progress tracking
Track how you’re doing across all your financial goals, including retirement, in one place.
Follow a path to clarity and confidence
By now, you can begin to see it: Retirement, an exciting new chapter in your life. Now's the time to ask yourself some important questions, including: How will I make my money last? How can I manage and potentially reduce taxes in retirement? And how do I plan and pay for health care coverage? We’re here to help you plan and transition to the retirement you envision.
In the tabs above, we'll help you create an action plan for taking on some of the big decisions that new retirees face.
Phasing into retirement: 5 key steps
Explore ways to move from full-time to part-time work, including how to secure health care coverage.
Retirement Income Calculator
Estimate your predictable retirement income, including Social Security and RMDs, with ways to help make your money last longer.
Important milestones in your retirement journey
Age 50
When you can begin catch-up contributions to retirement accounts.
Age 591/2
When you can withdraw penalty-free from retirement accounts provided certain requirements are met.2
Age 62
When you are first eligible to claim Social Security.
Age 65
When you are first eligible to enroll in Medicare.
Age 70
When you can have the highest Social Security benefit.
Age 73
When you must start taking RMDs annually from tax-deferred retirement accounts.
Teresa P.
Her challenge: With a good idea of the lifestyle she wanted in retirement, Teresa needed an income strategy to support it, accounting for inflation, market ups and downs, unexpected costs, and required minimum distributions (RMDs).
Her solution: With help from Fidelity, Teresa created a sustainable withdrawal strategy to help make her money last in retirement, including understanding how to use her withdrawals wisely based on her needs and goals.
Teresa found the following Fidelity resources helpful:
Thinking about an IRA withdrawal?
See how your age and other factors impact the way the IRS treats your withdrawal.
Options for taking your first RMD
Turning 73 this year? Compare these 2 deadline options and their tax implications before taking your first RMD.
Leon R.
His challenge: Having focused on growing his money during his working career, Leon needed to adjust his mix of assets—stocks, bonds, and cash—to lessen the risk of investment losses in retirement.
His solution: After reviewing options for his company 401(k), he chose to simplify by rolling it over to an IRA at Fidelity, where he already had a brokerage account he would continue managing himself. For the new rollover IRA, Leon chose professional investment management by Fidelity, who tailored an investment strategy suited to his needs.
Leon found the following Fidelity resources helpful:
Investing in retirement
Build a strategy that provides income while still allowing your savings to grow.
Planning & Guidance Center
Get an analysis of your asset mix and explore changes that may improve your retirement outlook.
Paul D.
His challenge: With a desire to make every dollar go farther in retirement, Paul wanted to find ways to reduce his taxes on his retirement income, helping to put more of his hard-earned savings in his pocket.
His solution: Using Fidelity's resources, Paul learned about and developed a strategy to help to reduce income taxes, including tactics like a Roth conversion and charitable contributions.
Paul found the following Fidelity resources helpful:
Tax-savvy withdrawals in retirement
Reduce taxes on your retirement income by focusing on how and when to withdraw from specific accounts.
Retirement Strategies Tax Estimator
Understand the impact various taxable and tax-free withdrawal strategies could have on your current-year taxes.
Jackie S.
Her challenge: Worried about her money lasting throughout retirement, Jackie wanted a plan for guaranteed income that would make her feel more secure.
Her solution: Using Fidelity's resources, she identified when to claim Social Security, assessed her remaining income needs, and then purchased an income annuity to cover the rest of her essential expenses and to provide a guaranteed income stream throughout retirement.
Jackie found the following Fidelity resources helpful:
Estimate your Social Security benefit
Strategize when to claim Social Security by estimating monthly and lifetime benefits at different ages.
Understanding annuities
Learn how annuities available through Fidelity can provide dependable future income, helping you cover essential expenses.
Monica G.
Her challenge: As she retired from a full-time career to part-time work, Monica was losing her employer benefits and needed adequate coverage, along with a plan to pay for long-term care.
Her solution: Using Fidelity's resources, Monica created a plan to bridge the gap in health care coverage until Medicare began. When the time came, she was then able to enroll in Medicare coverage that met her needs by consulting with Fidelity Medicare Services®. All the while, Monica was able to create and follow a plan to pay for long-term care with the help of an insurance-licensed Fidelity professional.
Monica found the following Fidelity resources helpful:
How to plan for rising health care costs
See options for handling health care expenses and bridging any gap in coverage with Medicare, HSAs, and more.
Find health care coverage
Explore your options for coverage, make decisions about starting Medicare, and know what to do if you continue to work past age 65.
Thomas C.
His challenge: Having saved and invested over his lifetime, Thomas needed an estate plan that would help him transfer his wealth smartly to his family's next generation.
His solution: With help from Fidelity, Thomas was able to understand the key elements to factor into his estate plan, including the importance of naming beneficiaries on his accounts and strategies to help reduce estate taxes. With his needs clarified, Thomas was able to create estate plan documents to ensure his wishes would be carried out correctly.
Thomas found the following Fidelity resources helpful:
10 estate plan pitfalls to avoid
Here's how to regularly review your estate plan to ensure it's consistent with your wishes and family situation.
Start your generational planning
Fidelity is ready to help your family talk about, and financially prepare, for whatever comes next.
Get 1-on-1 planning help
Connect with a financial professional.
Invest today and plan for tomorrow
We can help you get started.
