My Fidelity Wealth Management Advisor introduced the Fidelity Retirement Analysis tool to me during a retirement planning session last week. Based on the numbers inputted (income & expenses, etc.), at the end of the plan, I still have money left over using the significantly below average market. I even estimated my discretionary expenses (inputted in the Detailed Expenses section) on the high side.
The Fidelity advisor gave me the thumbs up that I can retire today. I'm very cautious and want to be sure about the decision to retire.
For those that have used the tool, how accurate is it? Can you trust the analysis that is given by the tool?
Thanks
The Fidelity advisor gave me the thumbs up that I can retire today. I'm very cautious and want to be sure about the decision to retire.
For those that have used the tool, how accurate is it? Can you trust the analysis that is given by the tool?
Thanks