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Are Fidelity Income Replacement Portfolios guaranteed?

April 26, 2017Fidelity guaranteed income portfolios replacement

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Are Fidelity Income Replacement Portfolios guaranteed?

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No, the Fidelity Income Replacement Portfolios are not a guaranteed income product which is why they should be used as part of an overall retirement income plan. The Portfolios are designed to provide monthly cash flow over the duration of the Portfolio but cash flow may vary from one year to the next. If investors are seeking guaranteed income, they may want to consider allocating a portion of their retirement assets to guaranteed income products.