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SUPPLEMENT TO THE FIDELITY RETIREMENT GROWTH FUND PROSPECTUS DATED JANUARY 20, 1996 Effective June 1996, the following information replaces that found in the section entitled "FMR and Its Affiliates" on page 9. J. Fergus Shiel is manager of Retirement Growth, which he has managed since June 1996. Previously, he managed other Fidelity funds. Mr. Shiel joined Fidelity in 1989.
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