Nuveen Lifecycle Retirement Income Fund R6 is a target-date mutual fund designed to provide investors with a professionally managed solution for their retirement income needs. The fund's primary aim is to deliver high total returns over time, focusing chiefly on generating income, with a secondary goal of capital appreciation. Utilizing a 'fund of funds' structure, it invests across a diversified portfolio of underlying equity, fixed-income, and direct real estate funds, allowing for broad asset class exposure and effective risk management. This fund specifically caters to individuals who are approaching or already in retirement, offering a glidepath approach—a systematic adjustment of its asset allocation that gradually shifts towards greater conservatism as the investor ages. The glidepath is intended to maximize risk-adjusted outcomes and manage volatility during and after the transition into retirement. By maintaining a blend of equities for growth potential and fixed income for stability and income generation, the fund strives to support a sustainable withdrawal strategy throughout retirement years. Nuveen Lifecycle Retirement Income Fund R6 plays a critical role in retirement planning for workplace savings plans, serving as a qualified default investment alternative for participants seeking an all-in-one solution aligned with their evolving risk tolerance and income requirements.