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Your Retirement Income Portfolio is the set of accounts and underlying assets you indicated you plan to use to fund your retirement. You designate the accounts you choose to plan with and monitor in the Retirement Income Planner, and save them to a plan of record. The Retirement Income Portfolio Details page is a convenient way to view the accounts, balances, asset allocation, and other information about your Retirement Income Portfolio.
You create or update your Retirement Income Portfolio using the Fidelity's online Retirement Income Planner. You can access the Retirement Income Planner by clicking the related link at the bottom of the Retirement Income Portfolio Details page, or go to Retirement & Guidance > Retirement Resource Center, click the retirement income planning tools link, and click Retirement Income Planner.
If you create or update your Retirement Income Portfolio, make sure to save your changes in your plan of record using the Retirement Income Planner. The Income Management Account (Details) and Income Management: Summary pages always reflect your last saved plan of record. If you need help updating your Retirement Income Portfolio, contact your Fidelity service specialist at 800-544-6666.
You assign accounts to your Retirement Income Portfolio when you identify your retirement assets using Fidelity's Retirement Income Planner, or by calling your Fidelity service specialist at 800-544-6666 for assistance. You should assign all accounts that you want to use for financing your retirement, including Fidelity accounts and accounts held at other institutions.
Note: To ensure that your IMA can report your retirement assets accurately, make sure that you add your Income Management Account to the set of accounts included your plan of record.
Fidelity accounts are Fidelity-record kept accounts, including Fidelity Brokerage and Mutual Fund retirement and non-retirement accounts, Portfolio Advisory ServicesSM, Fidelity-administered retirement plans, and Fidelity Life Insurance products. Outside accounts are assets held at other institutions. Outside accounts are included in your Retirement Income Portfolio through Full View®, or by manually entering them into the Retirement Income Planner.
Note: Portfolio Advisory ServicesSM is a service of Strategic Advisers, Inc., a registered investment adviser and Fidelity Investments company.
When you or your representative uses the Retirement Income Planner to assign accounts to your Retirement Income Portfolio plan of record, you can specify what percentage of each account's value should be assigned to your retirement goal. If you have assigned less than 100% of an account's value to your Retirement Income Portfolio, the account is considered partially allocated. Partially allocated accounts are identified as such on the Retirement Income Portfolio Details page. Note that the balance displayed for a partially allocated account may be less than the account's full market value. Only the full value of accounts will be reflected on the IMA report.
The Retirement Income Portfolio Details shows the balances in each account in your Retirement Income Portfolio, along with the total balance of the portfolio. The date that each account balance was obtained is shown in a note at the bottom of the page.
The Fidelity Diagnosis quickly summarizes our analysis of your Asset Allocation, Concentration among individual stock positions, Stock Style diversification, and Bond Style diversification. For more details, click Understanding the Fidelity Diagnosis on the Retirement Income Portfolio Details page.
Your target asset mix (TAM) is an allocation among stocks, bonds, and short-term investments which you selected in the Retirement Income Planner when you created your plan of record. Based on the information you enter in the Retirement Income Planner, Fidelity can suggest one of several Target Asset Mixes consistent with your stated goals and the risk tolerance of investors like you. These mixes are created based on historical risk and return characteristics for stock, bond, and short-term investment asset classes. The asset mixes represent six significantly different allocations that are intended to reflect differing investor profiles with varying investment objectives, risk tolerances, and time horizons, from conservative to aggressive investing styles. The six target asset allocations are short term, conservative, balanced, growth, aggressive growth, and most aggressive. The TAM you select should reflect your tolerance for risk, and may help protect you from the effects of inflation and adverse market conditions.
You can use the Retirement Income Planner to specify or change your TAM, and save your changes to your plan of record. The Income Management Account (IMA) Details and Income Management: Summary pages always reflect the portfolio and TAM defined in the last saved version of your plan of record.
If you need help making changes to your TAM, contact your Fidelity service specialist at 800-544-6666.
Reallocating your investments requires that you change the asset mix of your current holdings by executing trades. For help in exploring an investment strategy to guide your adjustment of your current asset allocation, choose Portfolio Review in the Related Links area at the bottom of the Retirement Income Portfolio Details page, or choose Retirement & Guidance > Overview and select Portfolio Review. Choose Asset Allocation in step 1, Choose Your Goal, then follow the online instructions.