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Retirement Planning for Fidelity Retail Customers

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In late October, Fidelity Investments unveiled a retirement guidance tool for retail investors called myPlan designed to help investors start saving for retirement, and those currently saving to create a more detailed plan or start saving more.

The myPlan Snapshot tool is a calculator that estimates the amount of money individuals may need to reach their retirement savings goals, while myPlan Retirement Quick Check allows investors to quickly create a plan that estimates how much monthly income they will need to meet their retirement goal and the progress they’ve made with their current savings strategy, according to Fidelity.