Description

This fund strives for the highest possible total return over an extended period, emphasizing both capital appreciation and income generation. It accomplishes this by investing in a broadly diversified collection of other T. Rowe Price stock and bond mutual funds, which collectively span various asset classes and market sectors. The fund's investment strategy is tailored to its specific target date of 2030, operating on the assumption that investors will retire around age 65. This target date signifies the approximate year an investor plans to retire and typically ceases making new contributions to the fund.