Description

This fund aims to meet its goal by investing in a varied collection of other T. Rowe Price mutual funds, which include both stocks and bonds. These underlying funds provide access to a wide range of investment categories and market segments. The way assets are distributed among these T. Rowe Price funds will evolve over time, correlated with the fund's specific target retirement date. It is mainly designed for investors who expect to retire near this date and who intend to gradually draw down their account value after retirement.