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Retirement Roadmap

Getting ready to retire

You spent a lifetime getting ready for retirement. Now as you near or enter this next chapter, you'll need to learn new strategies for turning savings into income that can last your lifetime. There are new rules of the road—including how to maximize Social Security and Medicare, minimize taxes on your withdrawals, and avoid penalties on minimum distributions from your retirement accounts. Get them right from the start. That way you can enjoy spending your money and perhaps leave your loved ones a legacy, too.

Take control
For most Americans, generous pension plans have gone the way of the gold watch at retirement. Most likely you will need to generate your own retirement paycheck through a mix of guaranteed income, including Social Security, and your savings.

Manage risks
Some risks loom larger in retirement than during your working years, like inflation, taxes, health care costs, and market drops. Managing them is key to success.
Investing involves risk, including risk of loss.
Fidelity does not provide legal or tax advice, and the information provided above is general in nature and should not be considered legal or tax advice. Consult an attorney or tax professional regarding your specific legal or tax situation.
Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917