This fund aims to achieve its goals by strategically investing in a diverse selection of T. Rowe Price mutual funds, including both stock and bond options, which together cover a broad spectrum of asset classes and market segments. The mix of these underlying T. Rowe Price funds will be dynamically adjusted over time, recalibrating as it approaches its target retirement date. It is specifically designed for investors who plan to retire around that designated date and intend to systematically withdraw their account value post-retirement.