IMPORTANT: The projections or other information generated by the Planning & Guidance Center's Retirement Analysis regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results, and are not guarantees of future results. Your results may vary with each use and over time.
Tax-smart (i.e., tax-sensitive) investing techniques, including tax-loss harvesting, are applied in managing certain taxable accounts on a limited basis, at the discretion of the portfolio manager, primarily with respect to determining when assets in a client's account should be bought or sold. Assets contributed may be sold for a taxable gain or loss at any time. There are no guarantees as to the effectiveness of the tax-smart investing techniques applied in serving to reduce or minimize a client's overall tax liabilities, or as to the tax results that may be generated by a given transaction.
1. Past performance is no guarantee of future results. Performance metrics reflect S&P 500® index. Indexes are unmanaged. It is not possible to invest directly in an index. This is an average of all the rolling returns of the S&P 500 when the 10-yr yield is rising or falling, all month end data, for the period of 1/1/1980 through 8/1/2022. These are price returns. Source: Haver Analytics, Morningstar, FactSet, Fidelity Investments, as of 6/30/2022.
2. Past performance is no guarantee of future results. Performance metrics reflect S&P 500® Value and Growth indexes. Indexes are unmanaged. It is not possible to invest directly in an index. This is monthly data back to 1/1/1995, S&P 500 Value index and S&P 500 Growth index using quartiles of Core Consumer Price Index (CPI) percent Change and the 10-year treasury yield, all data is rolling 12 month returns. These are price returns. Source: Haver Analytics, Morningstar, FactSet, Fidelity Investments, as of 6/30/2022
3. Source: Fidelity's 6 tips to navigate volatile markets
. The hypothetical example assumes an investment that tracks the returns of the S&P 500®
Index and includes dividend reinvestment but does not reflect the impact of taxes, which would lower these figures. There is volatility in the market, and a sale at any point in time could result in a gain or loss. Your own investing experience will differ, including the possibility of loss. You cannot invest directly in an index.
Investing involves risk, including risk of loss.
Past performance is no guarantee of future results.
Diversification and asset allocation do not ensure a profit or guarantee against loss.
Views expressed are as of 9/13/2022 and are subject to change at any time based on market and other conditions.
This information is intended to be educational and is not tailored to the investment needs of any specific investor. Investment decisions should be based on an individual’s own goals, time horizon, and tolerance for risk.
Fidelity does not provide legal or tax advice. The information herein is general in nature and should not be considered legal or tax advice. Consult an attorney or tax professional regarding your specific situation.
Stock markets are volatile and can fluctuate significantly in response to company, industry, political, regulatory, market, or economic developments. Investing in stock involves risks, including the loss of principal.
Foreign markets can be more volatile than U.S. markets due to increased risks of adverse issuer, political, market, or economic developments, all of which are magnified in emerging markets. These risks are particularly significant for investments that focus on a single country or region.
In general, the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities). Fixed income securities also carry inflation risk, liquidity risk, call risk and credit and default risks for both issuers and counterparties. Lower-quality fixed income securities involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Foreign investments involve greater risks than U.S. investments, and can decline significantly in response to adverse issuer, political, regulatory, market, and economic risks. Any fixed-income security sold or redeemed prior to maturity may be subject to loss.
Changes in real estate values or economic conditions can have a positive or negative effect on issuers in the real estate industry, which may affect these types of funds.
The commodities industry can be significantly affected by commodity prices, world events, import controls, worldwide competition, government regulations, and economic conditions.
Index definitions: Indexes are unmanaged. It is not possible to invest directly in an index. The S&P 500 Index is a market capitalization–weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance. The Bloomberg US Aggregate Bond Index is a broad-based flagship benchmark that measures the investment grade, U.S. dollar–denominated, fixed-rate taxable bond market. The index includes Treasuries, government-related and corporate securities, mortgage-backed securities (agency fixed-rate pass-throughs), asset-backed securities, and collateralized mortgage-backed securities (agency and non-agency). The MSCI World ex USA Index captures large and mid-cap representation across the developed markets countries (excluding the United States). The index covers approximately 85% of the free float-adjusted market capitalization in each country. Index returns are adjusted for tax withholding rates applicable to U.S.-based mutual funds organized as Massachusetts business trusts (NR). The Dow Jones U.S. Total Stock Market Index is a floatadjusted market capitalization–weighted index of all equity securities of U.S.-headquartered companies with readily available price data. The Consumer Price Index for All Urban Consumers represents the buying habits of the residents of urban or metropolitan areas in the United States
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Fidelity® Wealth Services provides non-discretionary financial planning and discretionary investment management through one or more Portfolio Advisory Services accounts for a fee. Advisory services offered by Fidelity Personal and Workplace Advisors LLC (FPWA), a registered investment adviser. Discretionary portfolio management services provided by Strategic Advisers LLC (Strategic Advisers), a registered investment adviser. Brokerage services provided by Fidelity Brokerage Services LLC (FBS), and custodial and related services provided by National Financial Services LLC (NFS), each a member NYSE and SIPC. FPWA, Strategic Advisers, FBS, and NFS are Fidelity Investments companies.
Fidelity advisors are licensed with Fidelity Personal and Workplace Advisors LLC (FPWA), a registered investment adviser, and registered with Fidelity Brokerage Services LLC (FBS), a registered broker-dealer. Whether a Fidelity advisor provides advisory services through FPWA for a fee or brokerage services through FBS will depend on the products and services you choose.
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