Description

This T. Rowe Price fund is designed to achieve the best possible overall returns over time, focusing equally on increasing the value of investments and generating regular income. It accomplishes this by allocating its assets across a broad selection of other T. Rowe Price mutual funds, encompassing a wide range of stock and bond categories and industries. The fund's investment approach is specifically structured around its stated target date of 2025, anticipating an investor's retirement at approximately age 65. This target date signifies the approximate year an investor intends to retire and is likely to cease making additional investments into the fund.