Description

This fund strategically allocates its capital across a diverse collection of underlying T. Rowe Price equity and fixed-income mutual funds, encompassing various asset classes and market sectors. The portfolio's composition among these T. Rowe Price funds will dynamically shift as it draws nearer to its designated retirement year. Managed specifically for a target retirement date of 2040, as indicated in its name, the fund's approach is built upon an assumed retirement age of 65.