Fidelity’s Q1 2025 Retirement Analysis report revealed 401(k) balances slightly decreased due to market volatility, yet savings rates held steady. U.S. stock indexes rebounded to all-time highs by Q2’s end, encouraging accountholders to remain committed.

Fidelity advises retirees to maintain strong account balances and minimize fears. Retiring at different ages requires different multiples of annual earnings saved: 10x at 67, 8x at 70, 12x at 65, and 14x at 62.

Withdrawal rates vary based on retirement age. Fidelity suggests a 3.9% withdrawal rate at 62, increasing to 4.9% at 70. Adjust withdrawals annually for inflation post-retirement.

Retirees should remain tax-savvy post-retirement. Consider converting traditional savings to Roth accounts in low-tax years and strategic withdrawals to avoid higher future tax rates.

Fidelity recommends evaluating all factors before considering a Roth conversion. Asset allocation post-retirement requires ongoing attention to maintain a diversified portfolio and rebalance as needed to navigate market volatility.

Read more at Yahoo Finance: 5 401(k) Rules for Retirees From Fidelity for 2025