T. Rowe Price Retirement 2020 Fund

This fund invests its capital broadly across a diverse array of T. Rowe Price stock and bond offerings, encompassing various market segments and asset classes. The distribution of its investments among these underlying T. Rowe Price mutual funds will be adjusted dynamically over time, aligning with its specific target retirement year. The fund's investment approach is specifically designed for the 2020 target retirement date indicated in its name, based on the assumption of a retirement age of 65.