T. Rowe Price Retirement 2010 Adv

Ticker: PARAX


Investment Objective
The fund seeks the highest total return over time consistent with an emphasis on both capital growth and income.

Investment Strategy
The fund invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. At the target date, the fund's allocation to stocks is anticipated to be approximately 55% of its assets. The asset mix will continue to become more conservative until approximately 30 years after its target date, when its allocation to stocks will remain fixed at approximately 20% of its assets. The remainder will be invested in fixed income securities.

 Morningstar Category
 Target Date 2000-2010
 Morningstar Style Box
  Style Box not available
CUSIP: 74149P861
General Information
Expense Ratio: 0.89%
Inception Date: 10/31/2003
Fund Manager: Jerome A. Clark
Managed Fund Since:
Fund Phone Number:
Fund Website: www.troweprice.com
Top 5 Holdings (as of 12/31/2009 )
T. Rowe Price Equity Index 500  28.08 %
T. Rowe Price New Income  22.74 %
T. Rowe Price Short-Term Income  8.95 %
T. Rowe Price Growth Stock  4.36 %
T. Rowe Price Value  4.27 %

Be aware that there are significant differences in risk among investment asset classes. Refer to the investment pyramid for a complete listing of disclosures. Shares of a mutual fund will fluctuate so that, when redeemed, they may be worth more or less than their original cost. Refer to the fund’s prospectus for complete information on the risks and expenses involved with a particular investment. Please note that some fund companies may waive a portion of these expenses.

The target date is the approximate date when investors plan to retire or start withdrawing their money. The principal value is not guaranteed at any time, including at the target date.

The program(s) include certain services provided by Lincoln Financial Advisors Corp. (LFA), a broker-dealer (member FINRA) and an affiliate of Lincoln Financial Group, 1300 S. Clinton St., Fort Wayne, IN 46802. Unaffiliated broker-dealers also may provide services to customers.

This information must be preceded or accompanied by prospectuses for the funds listed. The most current information on a specific mutual fund, including risk, fees and expenses can be viewed online at www.LincolnAlliance.com. Paper copies of prospectuses can be requested by calling 800-234-3500. Read the prospectus carefully before investing.

The Morningstar® category is assigned based on the underlying securities in each portfolio as measured by the portfolio statistics and compositions over the past three years.

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The mutual fund information is compiled by NewRiver, Inc., from documents filed with the Securities & Exchange Commission’s EDGAR database. The information is provided on an ‘as is’ basis and without warranties.