Description

This fund aims to fulfill its investment goals by allocating capital across a broad spectrum of T. Rowe Price's proprietary stock and bond mutual funds, encompassing various asset classes and market sectors. The investment mix among these underlying T. Rowe Price funds is dynamically adjusted over time, aligned with its specific target retirement date. It is tailored for individuals who have retired or anticipate retiring around that designated year, and who intend to gradually draw down their account value after ceasing employment.