About TRGQX
T. Rowe Price Retirement 2070 Fund – R Class is a target-date mutual fund designed for investors planning to retire around the year 2070. Its primary function is to offer a professionally managed, all-in-one retirement investment solution that automatically adjusts its portfolio over time. Early in its lifecycle, the fund emphasizes growth by allocating a higher proportion of assets to equities across U.S. large-cap, mid-cap, small-cap, international, and emerging markets, as well as real assets. As the target retirement date approaches and passes, the fund systematically shifts toward a more conservative asset mix, gradually increasing exposure to fixed income and diversifying among core bonds, high yield, international, and inflation-focused securities. This glide path continues out to approximately 30 years past retirement, ultimately achieving a mix of about 30% equities and 70% bonds to balance growth and income needs in retirement. Designed primarily for defined contribution plans and other long-term investors, this fund plays a significant role in reducing the complexity of retirement planning by adjusting to investors’ changing risk profiles over time through a diversified blend of underlying T. Rowe Price funds.
Fund Family T. Rowe Price
Category Target-Date 2065+
Stock Exchange Nasdaq
Ticker Symbol TRGQX
Share Class -r Class
