T. Rowe Price 2050 Retirement Fund Advisor Class (PARFX)

This fund invests its capital across a varied selection of T. Rowe Price's proprietary stock and bond mutual funds, covering numerous asset classes and industry sectors. The composition of these underlying T. Rowe Price funds will gradually adjust as the fund approaches its designated retirement year. Its investment approach is specifically tailored for the 2050 target date, as reflected in its name, and operates on the presumption of an individual retiring at age 65.