Retirement I 2050 Fund - I Class (TRPMX)

This fund seeks to meet its investment goals by building a diverse portfolio composed of other T. Rowe Price stock and bond mutual funds, covering a wide array of asset classes and economic sectors. The proportion allocated to these underlying T. Rowe Price funds will be dynamically adjusted as the specified target retirement date draws nearer. It is specifically tailored for investors who expect to cease employment around this target date and intend to systematically withdraw their investment value following retirement.