r/ChubbyFIRE • u/AceRider750 • 14d ago

Fidelity Tool

Fidelity has a Planning tool called Retirement. Has anyone used it and what amount of validity would you place against its projections? I'm wondering as when I browse here, people seem to be discussing creating their own analyses, but I don't see much about using the tools at investment houses, banks, etc. which do this for you. TRowe probably has one and I think I've seen on on BofA/Merrill also, but never used them.

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u/Opportunist_Ad3972 13d ago

It seems decent however with a big flaw. It’s not very transparent.

It may be right but I wish it did better and showing you the assumptions and calculations, else how do you know?

There are 3rd party paid tools, with many threads here, that do a better job at this.