T. Rowe Price Retirement 2030 Fund (TRRCX)

This fund strategically invests in a diverse portfolio of other T. Rowe Price mutual funds, spanning both stock and bond markets to cover various asset classes and sectors. The allocation of these underlying investments is designed to shift and adapt over time, corresponding to its specific target retirement year. Managed with a focus on its namesake target date of 2030, the fund's strategy is built on the assumption that investors will retire at age 65.