T. Rowe Price Retirement 2030 Fund

This fund constructs a diverse portfolio by investing in various T. Rowe Price stock and bond mutual funds, thereby encompassing a broad array of asset classes and market sectors. The specific allocation among these constituent T. Rowe Price funds will be dynamically adjusted over time, guided by its designated retirement date. Named for its 2030 target, the fund's investment strategy is formulated with the assumption that investors will retire at the age of 65.