Discover top Fidelity mutual funds ideal for retirement savings. From stability-focused index funds to growth-oriented options, these funds offer low costs and consistent returns, helping retirees build a secure financial future. The article highlights diversified investment choices tailored for different risk appetites, emphasizing the importance of selecting appropriate funds for a comfortable retirement.

Effective retirement planning hinges on selecting suitable investment avenues. Mutual funds are favored for their diversification and professional management, helping investors balance risk and growth. Fidelity, renowned for active fund management and in-depth research, offers a selection of funds ideal for retirees aiming for stability and income. Key options include the Fidelity Multi-Asset Index Fund (FFNOX), which provides broad diversification through bonds and stocks, and other funds focused on growth, large-cap stocks, and broad market exposure. These funds combine low costs with consistent performance, making them excellent choices for retirement portfolios.

Highlighted Fidelity funds for post-work savings:

Fidelity Multi-Asset Index Fund (FFNOX)
Formerly known as Fidelity Four-in-One Index Fund, FFNOX mixes seven bond index funds with Fidelity stocks, ensuring diversity. Its low expense ratio of 0.13% and steady returns—averaging 5.03% over three years and an 8.46% yearly gain—make it suitable for those prioritizing stability.

Other notable funds include:

Fidelity Growth Discovery Fund (FDSVX)
Targeting higher growth potential, this fund focuses on growth stocks and has a 0.67% expense ratio. It boasts a three-year return of 7.60%, annualized 15.2% over ten years, and recent strong performance at 15.61% last year.

Fidelity Nasdaq Composite Index Fund (FNCMX)
Mimicking the Nasdaq’s performance, over 80% of assets are in Nasdaq-listed firms. Its expense ratio is 0.37%, with a three-year return of 6.61% and recent gains of 37.58% YTD.

Fidelity Large-Cap Growth Index Fund (FSPGX)
Investing mainly in large-cap growth stocks via the Russell 1000 Growth Index, this fund features a very low expense rate of 0.035% and has yielded an 18.53% annual return over three years.

Fidelity Total Market Index Fund (FSKAX)
Covering the entire U.S. stock market, it allocates 80% to the Dow Jones U.S. Total Stock Market Index, with a minimal expense ratio of 0.015%. Its three-year average return is 9.07%.

Fidelity US Sustainability Index Fund (FITLX)
Focused on ESG principles, this fund invests in large- and mid-cap companies with strong sustainability practices, with a 0.11% expense ratio and a 10.63% three-year return.

Fidelity 500 Index Fund (FXAIX)
Tracking the S&P 500, about 80% of assets are in major stocks, with a tiny expense ratio of 0.015%. It offers an average annual return of around 10.35% in three years.

Fund Types for Diversified Portfolios

Domestic Funds: Focus on U.S. equities, including value and large-cap options like Fidelity Value Discovery and Blue Chip funds.

Global Funds: Diversify internationally with funds like Fidelity US Low Volatility Equity and Fidelity Sustainable US Equity.

Sectors Funds: Specialize in industries like healthcare and tech, including Fidelity Large-Cap Stock and Disciplined Equity.

Income Funds: Offer fixed income stability, such as Fidelity Growth & Income and Fidelity Equity Dividend Income.

Asset Allocation Funds: Mix various asset classes to balance risk and reward, with options like Fidelity Contrafund.

Index Funds: Passive investments mimicking specific indices, including Fidelity 500 and Large Cap Growth Funds.

Note: Our platform provides broad investment insights. Investors should verify details independently. We are not responsible for discrepancies or specific fund performance, which should be considered carefully for individual investment goals.