T. Rowe Price started five lifecycle funds: the T. Rowe Price Retirement 2010, 2020, 2030 and 2040 funds; and the T. Rowe Price Retirement Income Fund. The first four target investors by the year they expect to retire, and the conservative retirement income fund is designed for people who already are retired. All are structured as balanced funds of funds, investing in up to nine other T. Rowe Price mutual funds.
T. Rowe Price started five lifecycle funds: the T. Rowe Price...
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