The subject line of the email you send will be "Fidelity.com: ", Published by Fidelity Interactive Content Services, Investors may feel election for some time, What to think about after the market’s drop, Links provided by Fidelity Brokerage Services. As a result, the investment performance of an index will not be the same as the investment performance of a specific instrument, including one that is contained in the index. The actual performance returns include all cash and cash equivalents, are time weighted, annualized for time periods greater than one year and include realized and unrealized capital gains and losses and reinvestment of dividends, interest and income. Investing in smaller companies involves greater risks not associated with investing in more established companies, such as business risk, significant stock price fluctuations and illiquidity. Learn more about mutual funds at fidelity.com. All results use simplifying estimates and assumptions. A financial plan generally seeks to address a wide spectrum of your long-term financial needs, and can include recommendations about insurance, savings, tax and estate planning, and investments, taking into consideration your goals and situation, including anticipated retirement or other employee benefits. Such projected returns and income are hypothetical, do not reflect actual investment results, and are not guarantees of future results. When you become eligible for Medicare, you'll have an alphabet of coverage options to consider. The graph represents the estimated outcomes for multiple scenarios, ranging from “Unfavorable Market Conditions” (85% likelihood) to “Favorable Market Conditions” (15% likelihood). You can also choose to invest based on what matters to you – such as social impact or global economics. 09/30/2020. Often misunderstood, CEFs are open to new investors, trade like stocks and pay distributions. The drawdown portion of the graph illustrates how your projected retirement spending may impact your projected goal balance during the period of your retirement. All subsequent projections are shown in full-year increments. No investment strategy or allocation can eliminate risk or guarantee investment results. 4. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration.

The securities/instruments discussed in this material may not be appropriate for you. Morgan Stanley leadership is dedicated to conducting first-class business in a first-class way. Even small changes in assumptions can have a substantial impact on the results shown in this material.

The GIC Asset Allocation Models have both strategic allocations (seeking to maximize returns in the long run) and tactical allocations (seeking to maximize returns over a shorter period). Tax-advantaged contributions into an IRA are assumed to continue until you retire, regardless of when your partner retires. These latter advisory obligations govern our conduct and disclosure requirements, creating a legal standard which is referred to as a “fiduciary” duty to you. We also assume you’re not going to make any withdrawals until you retire (or until one of you retires, in the case of a goal for you and your partner).

We assume you’ll continue to make your ongoing contributions to your Access Investing account and other retirement accounts for all the remaining months until you retire. Investments are not FDIC insured or bank guaranteed, and investors may lose money. Answer a series of questions to discover your unique results of highest-rated articles—from saving money and getting the most out of Social Security, to figuring out where to live and how to manage healthcare costs.

Net Contributions/Withdrawals refers to the net value of cash and securities contributed to or withdrawn from the account during the reporting period. The first point on the graph reflects your stated initial contribution to your Access Investing account (if you are yet to fund your account), or the current market value of your Access Investing account (if you have funded your account). Real values are referred to as inflation adjusted, because they exclude the effect of inflation over time. As you approach retirement (you or your partner, if applicable, is retiring within 5 years), the projections are extended to display your portfolio balance drawdown period – the time period from your retirement through the end of analysis age (last point on the graph). Time weighted returns isolate investment actions and can be compared to benchmarks and used to evaluate the performance of a manager. There is no guarantee that past performance or information relating to return, volatility, style reliability and other attributes will be predictive of future results. The projected performance results reflect the deduction of annual advisory fee of 35 basis points. There is risk that the fund manager’s evaluations and assumptions regarding macroeconomic trends, asset class valuations and selected underlying securities may be incorrect in view of actual market conditions. This material has been prepared for informational purposes only and is not an offer to buy or sell or a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy.  This is not a research report and was not prepared by the research departments of Morgan Stanley & Co. LLC or Morgan Stanley Smith Barney LLC (“Morgan Stanley Wealth Management”).  It was prepared by Morgan Stanley Wealth Management sales, trading or other non-research personnel. Bonds rated below investment grade may have speculative characteristics and present significant risks beyond those of other securities, including greater credit risk and price volatility in the secondary market. A percentage value for helpfulness will display once a sufficient number of votes have been submitted. Had the results reflected these costs, the hypothetical projected performance would have been lower. Unlike bonds and stocks, precious metals do not make interest or dividend payments. A well-diversified portfolio is less vulnerable in a falling market. Investing in sectors may be more volatile than diversifying across many industries. From volatility and geopolitics to economic trends and investment outlooks, stay informed on the key developments shaping today's markets. Stocks of medium-sized companies entail special risks, such as limited product lines, markets, and financial resources, and greater market volatility than securities of larger, more-established companies. Be ready to cover your start-up costs and bring your company to life. If there are discrepancies between your official account statement and this information, rely on your official account statement. We base the graph on the information you told us: your initial and ongoing contribution amounts as well as, if applicable, information about your Morgan Stanley accounts and the accounts you hold at other financial institutions. In analyzing this information, please note that the analysis does not take into account actual market conditions, which may severely affect the outcome of your goals over the long-term. We run this simulation thousands of times, using different rates of return, to forecast which outcomes appear the most likely. Morgan Stanley’s Global Investment Committee: Morgan Stanley Wealth Management's Global Investment Committee provides guidance on asset allocation recommendations through the creation and maintenance of the investment models called the GIC Asset Allocation Models. We value our commitment to diverse perspectives and a culture of inclusion across the firm. Access Investing is a discretionary investment advisory account. Then, we run thousands of simulations to recommend a broad, diversified portfolio that’s designed to seek optimal returns based on your goals. Your Morgan Stanley Access Investing (“MSAI”) account is a discretionary investment advisory account. This review will focus on investment and brokerage services for individuals who may be considering hiring a financial advisor for the first time. By using this service, you agree to input your real email address and only send it to people you know.

Hypothetical, Projected Performance and Its Limitations: Any projected returns or income referenced is based upon certain market projections effective as at today’s date only and can change at any time. In projecting your account value over time, Morgan Stanley’s proprietary analytics take inflation into account. We believe our greatest asset is our people. At that point, we will assume that you will continue to make taxable contributions only if your remaining income exceeds your Target Retirement Income. Trading desk materials are not independent of the proprietary interests of the firm, which may conflict with your interests.

Below are three main ways to get exposure: “Some high-net-worth clients may want something tangible, and to diversify away from book-entry securities, which typically dominate their investment portfolios,” says Thompson.