v3.25.2
Shareholder Report
 12 Months Ended
May 31, 2025
USD ($)
Holding
Shareholder Report [Line Items]  
Document Type N-CSR
Amendment Flag false
Registrant Name T. ROWE PRICE RETIREMENT FUNDS, INC.
Entity Central Index Key 0001177017
Entity Investment Company Type N-1A
Document Period End Date May 31, 2025
C000005502  
Shareholder Report [Line Items]  
Fund Name Retirement 2005 Fund
Class Name Investor Class
Trading Symbol TRRFX
Annual or Semi-Annual Statement [Text Block]

This annual shareholder report contains important information about Retirement 2005 Fund (the "fund") for the period of June 1, 2024 to May 31, 2025. You can find the fund’s prospectus, financial information on Form N‑CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information atwww.troweprice.com/prospectus. You can also request this information without charge by contacting T. Rowe Price at 1‑800‑638‑5660 or info@troweprice.com or contacting your intermediary. 
Shareholder Report Annual or Semi-Annual Annual Shareholder Report
Additional Information [Text Block] You can find the fund’s prospectus, financial information on Form N‑CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information atwww.troweprice.com/prospectus. You can also request this information without charge by contacting T. Rowe Price at 1‑800‑638‑5660 or info@troweprice.com or contacting your intermediary.
Material Fund Change Notice [Text Block]  
Additional Information Phone Number 1‑800‑638‑5660
Additional Information Email <span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 13.3333px; font-weight: 400; grid-area: auto; line-height: 17.3333px; margin: 0px; overflow: visible; text-align: justify; white-space-collapse: preserve-breaks;">info@troweprice.com</span>
Additional Information Website www.troweprice.com/prospectus
Expenses [Text Block]

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

 
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Retirement 2005 Fund - Investor Class
$51
0.49%
Expenses Paid, Amount $ 51
Expense Ratio, Percent 0.49%
Factors Affecting Performance [Text Block]

What drove fund performance during the past 12 months?

  • Global stock indexes and fixed income markets were broadly positive for the 12 months ended May 31, 2025. Many major central banks began easing interest rates early in the period as inflation slowed. Early optimism over the U.S. election of President Donald Trump brought, first, a boost to U.S. equities, followed by heightened volatility in global equity markets amid concerns over Trump’s fluctuating tariff policies.

  • Compared with the style-specific S&P Target Date Retirement Income Index, glide path effect contributed to results for the trailing one-year period. Despite volatility later in the period, global equity and fixed income markets advanced for the year amid optimism surrounding central bank interest rate cuts and solid corporate earnings, and the fund’s greater total equity exposure versus the benchmark contributed. Additionally, our diversified U.S. mid-cap equity structure added value, as our dedicated allocations to growth and value outpaced the benchmark’s core-oriented mid-cap equity allocation.

  • Conversely, a leading detractor from relative results was security selection within the US Mid-cap Growth Equity Strategy, which trailed its benchmark. The fund’s smaller allocation to U.S. large-cap equities versus small- and mid-cap equities compared with the benchmark also detracted.

  • The fund seeks the highest total return over time consistent with an emphasis on both capital growth and income. The fund invests in a diversified portfolio of other T. Rowe Price stock and bond mutual funds that represent various asset classes and sectors. Its allocation among T. Rowe Price funds will change over time in relation to its target retirement date.
Performance Past Does Not Indicate Future [Text] The fund’s past performance is not a good predictor of the fund’s future performance.
Line Graph [Table Text Block]
A line chart as described in the following paragraph.
Investor Class
Regulatory Benchmark
Strategy Benchmark
2015
10,000
10,000
10,000
2015
9,618
9,945
9,744
2015
9,768
9,988
9,877
2016
9,503
10,164
9,732
2016
10,015
10,299
10,079
2016
10,349
10,539
10,330
2016
10,210
10,205
10,193
2017
10,612
10,308
10,476
2017
10,884
10,462
10,671
2017
11,100
10,591
10,839
2017
11,333
10,533
11,075
2018
11,373
10,360
11,088
2018
11,381
10,423
11,143
2018
11,565
10,480
11,336
2018
11,264
10,391
11,073
2019
11,598
10,689
11,334
2019
11,759
11,090
11,472
2019
12,197
11,546
11,894
2019
12,483
11,513
12,180
2020
12,439
11,937
12,133
2020
12,412
12,134
12,282
2020
13,339
12,293
12,887
2020
13,783
12,351
13,198
2021
14,257
12,102
13,369
2021
14,841
12,085
13,718
2021
15,213
12,283
14,026
2021
15,032
12,209
13,920
2022
14,584
11,782
13,564
2022
13,849
11,091
12,945
2022
13,381
10,868
12,608
2022
13,481
10,641
12,667
2023
13,486
10,637
12,747
2023
13,695
10,854
12,970
2023
14,076
10,738
13,206
2023
14,211
10,767
13,311
2024
14,996
10,991
13,912
2024
15,317
10,995
14,133
2024
15,970
11,522
14,797
2024
16,291
11,507
14,959
2025
16,362
11,629
15,089
2025
16,468
11,596
15,250
Average Annual Return [Table Text Block]
 
1 Year
5 Years
10 Years
Retirement 2005 Fund (Investor Class)
7.52%
5.82%
5.11%
Bloomberg U.S. Aggregate Bond Index (Regulatory Benchmark)
5.46
-0.90
1.49
S&P Target Date Retirement Income Index (Strategy Benchmark)
7.91
4.42
4.31
No Deduction of Taxes [Text Block] Neither the fund’s returns nor the index returns reflect the deduction of taxes that a shareholder would pay on fund distributions or redemptions of fund shares.
Updated Performance Information Location [Text Block] Updated performance information can be found at www.troweprice.com.
Distribution of Capital [Text Block] The fund's total return figures reflect the reinvestment of dividends and capital gains, if any.
AssetsNet $ 1,188,450,000
Holdings Count | Holding 27
Advisory Fees Paid, Amount $ 4,968,000
InvestmentCompanyPortfolioTurnover 20.80%
Additional Fund Statistics Significance or Limits [Text Block]

What are some fund statistics?

Fund Statistics

  • Total Net Assets (000s)$1,188,450
  • Number of Portfolio Holdings27
Holdings [Text Block]
Domestic Bond Funds
40.5%
Domestic Equity Funds
29.6
International Bond Funds
14.7
International Equity Funds
11.0
Short-Term and Other
4.2
Largest Holdings [Text Block]
T. Rowe Price Limited Duration Inflation Focused Bond Fund
17.8%
T. Rowe Price New Income Fund
16.0
T. Rowe Price International Bond Fund (USD Hedged)
6.2
T. Rowe Price Value Fund
5.8
T. Rowe Price Growth Stock Fund
5.5
T. Rowe Price Hedged Equity Fund
4.2
T. Rowe Price U.S. Large-Cap Core Fund
4.0
T. Rowe Price Dynamic Global Bond Fund
3.7
T. Rowe Price International Value Equity Fund
3.4
T. Rowe Price Emerging Markets Bond Fund
3.3
Material Fund Change [Text Block]
Updated Prospectus Web Address www.troweprice.com/paperless
C000049236  
Shareholder Report [Line Items]  
Fund Name Retirement 2005 Fund
Class Name Advisor Class
Trading Symbol PARGX
Annual or Semi-Annual Statement [Text Block]

This annual shareholder report contains important information about Retirement 2005 Fund (the "fund") for the period of June 1, 2024 to May 31, 2025. You can find the fund’s prospectus, financial information on Form N‑CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information atwww.troweprice.com/prospectus. You can also request this information without charge by contacting T. Rowe Price at 1‑800‑638‑5660 or info@troweprice.com or contacting your intermediary. 
Shareholder Report Annual or Semi-Annual Annual Shareholder Report
Additional Information [Text Block] You can find the fund’s prospectus, financial information on Form N‑CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information atwww.troweprice.com/prospectus. You can also request this information without charge by contacting T. Rowe Price at 1‑800‑638‑5660 or info@troweprice.com or contacting your intermediary.
Material Fund Change Notice [Text Block]  
Additional Information Phone Number 1‑800‑638‑5660
Additional Information Email <span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 13.3333px; font-weight: 400; grid-area: auto; line-height: 17.3333px; margin: 0px; overflow: visible; text-align: justify; white-space-collapse: preserve-breaks;">info@troweprice.com</span>
Additional Information Website www.troweprice.com/prospectus
Expenses [Text Block]

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

 
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Retirement 2005 Fund - Advisor Class
$77
0.74%
Expenses Paid, Amount $ 77
Expense Ratio, Percent 0.74%
Factors Affecting Performance [Text Block]

What drove fund performance during the past 12 months?

  • Global stock indexes and fixed income markets were broadly positive for the 12 months ended May 31, 2025. Many major central banks began easing interest rates early in the period as inflation slowed. Early optimism over the U.S. election of President Donald Trump brought, first, a boost to U.S. equities, followed by heightened volatility in global equity markets amid concerns over Trump’s fluctuating tariff policies.

  • Compared with the style-specific S&P Target Date Retirement Income Index, glide path effect contributed to results for the trailing one-year period. Despite volatility later in the period, global equity and fixed income markets advanced for the year amid optimism surrounding central bank interest rate cuts and solid corporate earnings, and the fund’s greater total equity exposure versus the benchmark contributed. Additionally, our diversified U.S. mid-cap equity structure added value, as our dedicated allocations to growth and value outpaced the benchmark’s core-oriented mid-cap equity allocation.

  • Conversely, a leading detractor from relative results was security selection within the US Mid-cap Growth Equity Strategy, which trailed its benchmark. The fund’s smaller allocation to U.S. large-cap equities versus small- and mid-cap equities compared with the benchmark also detracted.

  • The fund seeks the highest total return over time consistent with an emphasis on both capital growth and income. The fund invests in a diversified portfolio of other T. Rowe Price stock and bond mutual funds that represent various asset classes and sectors. Its allocation among T. Rowe Price funds will change over time in relation to its target retirement date.
Performance Past Does Not Indicate Future [Text] The fund’s past performance is not a good predictor of the fund’s future performance.
Line Graph [Table Text Block]
A line chart as described in the following paragraph.
Advisor Class
Regulatory Benchmark
Strategy Benchmark
2015
10,000
10,000
10,000
2015
9,617
9,945
9,744
2015
9,760
9,988
9,877
2016
9,493
10,164
9,732
2016
9,991
10,299
10,079
2016
10,318
10,539
10,330
2016
10,178
10,205
10,193
2017
10,572
10,308
10,476
2017
10,828
10,462
10,671
2017
11,037
10,591
10,839
2017
11,261
10,533
11,075
2018
11,292
10,360
11,088
2018
11,292
10,423
11,143
2018
11,476
10,480
11,336
2018
11,167
10,391
11,073
2019
11,498
10,689
11,334
2019
11,641
11,090
11,472
2019
12,067
11,546
11,894
2019
12,352
11,513
12,180
2020
12,300
11,937
12,133
2020
12,264
12,134
12,282
2020
13,174
12,293
12,887
2020
13,597
12,351
13,198
2021
14,066
12,102
13,369
2021
14,624
12,085
13,718
2021
14,983
12,283
14,026
2021
14,793
12,209
13,920
2022
14,351
11,782
13,564
2022
13,614
11,091
12,945
2022
13,140
10,868
12,608
2022
13,239
10,641
12,667
2023
13,237
10,637
12,747
2023
13,431
10,854
12,970
2023
13,794
10,738
13,206
2023
13,916
10,767
13,311
2024
14,668
10,991
13,912
2024
14,983
10,995
14,133
2024
15,613
11,522
14,797
2024
15,915
11,507
14,959
2025
15,978
11,629
15,089
2025
16,070
11,596
15,250
Average Annual Return [Table Text Block]
 
1 Year
5 Years
10 Years
Retirement 2005 Fund (Advisor Class)
7.25%
5.56%
4.86%
Bloomberg U.S. Aggregate Bond Index (Regulatory Benchmark)
5.46
-0.90
1.49
S&P Target Date Retirement Income Index (Strategy Benchmark)
7.91
4.42
4.31
No Deduction of Taxes [Text Block] Neither the fund’s returns nor the index returns reflect the deduction of taxes that a shareholder would pay on fund distributions or redemptions of fund shares.
Updated Performance Information Location [Text Block] Updated performance information can be found at www.troweprice.com.
Distribution of Capital [Text Block] The fund's total return figures reflect the reinvestment of dividends and capital gains, if any.
AssetsNet $ 1,188,450,000
Holdings Count | Holding 27
Advisory Fees Paid, Amount $ 4,968,000
InvestmentCompanyPortfolioTurnover 20.80%
Additional Fund Statistics Significance or Limits [Text Block]

What are some fund statistics?

Fund Statistics

  • Total Net Assets (000s)$1,188,450
  • Number of Portfolio Holdings27
Holdings [Text Block]
Domestic Bond Funds
40.5%
Domestic Equity Funds
29.6
International Bond Funds
14.7
International Equity Funds
11.0
Short-Term and Other
4.2
Largest Holdings [Text Block]
T. Rowe Price Limited Duration Inflation Focused Bond Fund
17.8%
T. Rowe Price New Income Fund
16.0
T. Rowe Price International Bond Fund (USD Hedged)
6.2
T. Rowe Price Value Fund
5.8
T. Rowe Price Growth Stock Fund
5.5
T. Rowe Price Hedged Equity Fund
4.2
T. Rowe Price U.S. Large-Cap Core Fund
4.0
T. Rowe Price Dynamic Global Bond Fund
3.7
T. Rowe Price International Value Equity Fund
3.4
T. Rowe Price Emerging Markets Bond Fund
3.3
Material Fund Change [Text Block]
Updated Prospectus Web Address www.troweprice.com/paperless
C000049237  
Shareholder Report [Line Items]  
Fund Name Retirement 2005 Fund
Class Name R Class
Trading Symbol RRTLX
Annual or Semi-Annual Statement [Text Block]

This annual shareholder report contains important information about Retirement 2005 Fund (the "fund") for the period of June 1, 2024 to May 31, 2025. You can find the fund’s prospectus, financial information on Form N‑CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information atwww.troweprice.com/prospectus. You can also request this information without charge by contacting T. Rowe Price at 1‑800‑638‑5660 or info@troweprice.com or contacting your intermediary. 
Shareholder Report Annual or Semi-Annual Annual Shareholder Report
Additional Information [Text Block] You can find the fund’s prospectus, financial information on Form N‑CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information atwww.troweprice.com/prospectus. You can also request this information without charge by contacting T. Rowe Price at 1‑800‑638‑5660 or info@troweprice.com or contacting your intermediary.
Material Fund Change Notice [Text Block]  
Additional Information Phone Number 1‑800‑638‑5660
Additional Information Email <span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 13.3333px; font-weight: 400; grid-area: auto; line-height: 17.3333px; margin: 0px; overflow: visible; text-align: justify; white-space-collapse: preserve-breaks;">info@troweprice.com</span>
Additional Information Website www.troweprice.com/prospectus
Expenses [Text Block]

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

 
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Retirement 2005 Fund - R Class
$102
0.99%
Expenses Paid, Amount $ 102
Expense Ratio, Percent 0.99%
Factors Affecting Performance [Text Block]

What drove fund performance during the past 12 months?

  • Global stock indexes and fixed income markets were broadly positive for the 12 months ended May 31, 2025. Many major central banks began easing interest rates early in the period as inflation slowed. Early optimism over the U.S. election of President Donald Trump brought, first, a boost to U.S. equities, followed by heightened volatility in global equity markets amid concerns over Trump’s fluctuating tariff policies.

  • Compared with the style-specific S&P Target Date Retirement Income Index, glide path effect contributed to results for the trailing one-year period. Despite volatility later in the period, global equity and fixed income markets advanced for the year amid optimism surrounding central bank interest rate cuts and solid corporate earnings, and the fund’s greater total equity exposure versus the benchmark contributed. Additionally, our diversified U.S. mid-cap equity structure added value, as our dedicated allocations to growth and value outpaced the benchmark’s core-oriented mid-cap equity allocation.

  • Conversely, a leading detractor from relative results was security selection within the US Mid-cap Growth Equity Strategy, which trailed its benchmark. The fund’s smaller allocation to U.S. large-cap equities versus small- and mid-cap equities compared with the benchmark also detracted.

  • The fund seeks the highest total return over time consistent with an emphasis on both capital growth and income. The fund invests in a diversified portfolio of other T. Rowe Price stock and bond mutual funds that represent various asset classes and sectors. Its allocation among T. Rowe Price funds will change over time in relation to its target retirement date.
Performance Past Does Not Indicate Future [Text] The fund’s past performance is not a good predictor of the fund’s future performance.
Line Graph [Table Text Block]
A line chart as described in the following paragraph.
R Class
Regulatory Benchmark
Strategy Benchmark
2015
10,000
10,000
10,000
2015
9,617
9,945
9,744
2015
9,745
9,988
9,877
2016
9,479
10,164
9,732
2016
9,975
10,299
10,079
2016
10,286
10,539
10,330
2016
10,138
10,205
10,193
2017
10,529
10,308
10,476
2017
10,775
10,462
10,671
2017
10,981
10,591
10,839
2017
11,196
10,533
11,075
2018
11,219
10,360
11,088
2018
11,219
10,423
11,143
2018
11,392
10,480
11,336
2018
11,071
10,391
11,073
2019
11,395
10,689
11,334
2019
11,526
11,090
11,472
2019
11,947
11,546
11,894
2019
12,218
11,513
12,180
2020
12,159
11,937
12,133
2020
12,114
12,134
12,282
2020
12,997
12,293
12,887
2020
13,421
12,351
13,198
2021
13,862
12,102
13,369
2021
14,409
12,085
13,718
2021
14,761
12,283
14,026
2021
14,565
12,209
13,920
2022
14,109
11,782
13,564
2022
13,389
11,091
12,945
2022
12,916
10,868
12,608
2022
12,992
10,641
12,667
2023
12,987
10,637
12,747
2023
13,164
10,854
12,970
2023
13,517
10,738
13,206
2023
13,623
10,767
13,311
2024
14,363
10,991
13,912
2024
14,656
10,995
14,133
2024
15,255
11,522
14,797
2024
15,536
11,507
14,959
2025
15,587
11,629
15,089
2025
15,676
11,596
15,250
Average Annual Return [Table Text Block]
 
1 Year
5 Years
10 Years
Retirement 2005 Fund (R Class)
6.96%
5.29%
4.60%
Bloomberg U.S. Aggregate Bond Index (Regulatory Benchmark)
5.46
-0.90
1.49
S&P Target Date Retirement Income Index (Strategy Benchmark)
7.91
4.42
4.31
No Deduction of Taxes [Text Block] Neither the fund’s returns nor the index returns reflect the deduction of taxes that a shareholder would pay on fund distributions or redemptions of fund shares.
Updated Performance Information Location [Text Block] Updated performance information can be found at www.troweprice.com.
Distribution of Capital [Text Block] The fund's total return figures reflect the reinvestment of dividends and capital gains, if any.
AssetsNet $ 1,188,450,000
Holdings Count | Holding 27
Advisory Fees Paid, Amount $ 4,968,000
InvestmentCompanyPortfolioTurnover 20.80%
Additional Fund Statistics Significance or Limits [Text Block]

What are some fund statistics?

Fund Statistics

  • Total Net Assets (000s)$1,188,450
  • Number of Portfolio Holdings27
Holdings [Text Block]
Domestic Bond Funds
40.5%
Domestic Equity Funds
29.6
International Bond Funds
14.7
International Equity Funds
11.0
Short-Term and Other
4.2
Largest Holdings [Text Block]
T. Rowe Price Limited Duration Inflation Focused Bond Fund
17.8%
T. Rowe Price New Income Fund
16.0
T. Rowe Price International Bond Fund (USD Hedged)
6.2
T. Rowe Price Value Fund
5.8
T. Rowe Price Growth Stock Fund
5.5
T. Rowe Price Hedged Equity Fund
4.2
T. Rowe Price U.S. Large-Cap Core Fund
4.0
T. Rowe Price Dynamic Global Bond Fund
3.7
T. Rowe Price International Value Equity Fund
3.4
T. Rowe Price Emerging Markets Bond Fund
3.3
Material Fund Change [Text Block]
Updated Prospectus Web Address www.troweprice.com/paperless
C000244825  
Shareholder Report [Line Items]  
Fund Name Retirement 2005 Fund
Class Name I Class
Trading Symbol TRAJX
Annual or Semi-Annual Statement [Text Block]

This annual shareholder report contains important information about Retirement 2005 Fund (the "fund") for the period of June 1, 2024 to May 31, 2025. You can find the fund’s prospectus, financial information on Form N‑CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information atwww.troweprice.com/prospectus. You can also request this information without charge by contacting T. Rowe Price at 1‑800‑638‑5660 or info@troweprice.com or contacting your intermediary. 
Shareholder Report Annual or Semi-Annual Annual Shareholder Report
Additional Information [Text Block] You can find the fund’s prospectus, financial information on Form N‑CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information atwww.troweprice.com/prospectus. You can also request this information without charge by contacting T. Rowe Price at 1‑800‑638‑5660 or info@troweprice.com or contacting your intermediary.
Material Fund Change Notice [Text Block]  
Additional Information Phone Number 1‑800‑638‑5660
Additional Information Email <span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 13.3333px; font-weight: 400; grid-area: auto; line-height: 17.3333px; margin: 0px; overflow: visible; text-align: justify; white-space-collapse: preserve-breaks;">info@troweprice.com</span>
Additional Information Website www.troweprice.com/prospectus
Expenses [Text Block]

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

 
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Retirement 2005 Fund - I Class
$35
0.34%
Expenses Paid, Amount $ 35
Expense Ratio, Percent 0.34%
Factors Affecting Performance [Text Block]

What drove fund performance during the past 12 months?

  • Global stock indexes and fixed income markets were broadly positive for the 12 months ended May 31, 2025. Many major central banks began easing interest rates early in the period as inflation slowed. Early optimism over the U.S. election of President Donald Trump brought, first, a boost to U.S. equities, followed by heightened volatility in global equity markets amid concerns over Trump’s fluctuating tariff policies.

  • Compared with the style-specific S&P Target Date Retirement Income Index, glide path effect contributed to results for the trailing one-year period. Despite volatility later in the period, global equity and fixed income markets advanced for the year amid optimism surrounding central bank interest rate cuts and solid corporate earnings, and the fund’s greater total equity exposure versus the benchmark contributed. Additionally, our diversified U.S. mid-cap equity structure added value, as our dedicated allocations to growth and value outpaced the benchmark’s core-oriented mid-cap equity allocation.

  • Conversely, a leading detractor from relative results was security selection within the US Mid-cap Growth Equity Strategy, which trailed its benchmark. The fund’s smaller allocation to U.S. large-cap equities versus small- and mid-cap equities compared with the benchmark also detracted.

  • The fund seeks the highest total return over time consistent with an emphasis on both capital growth and income. The fund invests in a diversified portfolio of other T. Rowe Price stock and bond mutual funds that represent various asset classes and sectors. Its allocation among T. Rowe Price funds will change over time in relation to its target retirement date.
Performance Past Does Not Indicate Future [Text] The fund’s past performance is not a good predictor of the fund’s future performance.
Line Graph [Table Text Block]
A line chart as described in the following paragraph.
I Class
Regulatory Benchmark
Strategy Benchmark
11/13/23
500,000
500,000
500,000
11/30/23
513,778
512,174
513,597
2/29/24
542,240
522,826
536,763
5/31/24
554,289
523,046
545,292
8/31/24
578,389
548,095
570,912
11/30/24
589,975
547,386
577,163
2/28/25
592,735
553,193
582,184
5/31/25
597,079
551,599
588,404
Average Annual Return [Table Text Block]
 
1 Year
Since Inception 11/13/23
Retirement 2005 Fund (I Class)
7.72%
12.16%
Bloomberg U.S. Aggregate Bond Index (Regulatory Benchmark)
5.46
6.56
S&P Target Date Retirement Income Index (Strategy Benchmark)
7.91
11.10
Performance Inception Date Nov. 13, 2023
No Deduction of Taxes [Text Block] Neither the fund’s returns nor the index returns reflect the deduction of taxes that a shareholder would pay on fund distributions or redemptions of fund shares.
Updated Performance Information Location [Text Block] Updated performance information can be found at www.troweprice.com.
Distribution of Capital [Text Block] The fund's total return figures reflect the reinvestment of dividends and capital gains, if any.
AssetsNet $ 1,188,450,000
Holdings Count | Holding 27
Advisory Fees Paid, Amount $ 4,968,000
InvestmentCompanyPortfolioTurnover 20.80%
Additional Fund Statistics Significance or Limits [Text Block]

What are some fund statistics?

Fund Statistics

  • Total Net Assets (000s)$1,188,450
  • Number of Portfolio Holdings27
Holdings [Text Block]
Domestic Bond Funds
40.5%
Domestic Equity Funds
29.6
International Bond Funds
14.7
International Equity Funds
11.0
Short-Term and Other
4.2
Largest Holdings [Text Block]
T. Rowe Price Limited Duration Inflation Focused Bond Fund
17.8%
T. Rowe Price New Income Fund
16.0
T. Rowe Price International Bond Fund (USD Hedged)
6.2
T. Rowe Price Value Fund
5.8
T. Rowe Price Growth Stock Fund
5.5
T. Rowe Price Hedged Equity Fund
4.2
T. Rowe Price U.S. Large-Cap Core Fund
4.0
T. Rowe Price Dynamic Global Bond Fund
3.7
T. Rowe Price International Value Equity Fund
3.4
T. Rowe Price Emerging Markets Bond Fund
3.3
Material Fund Change [Text Block]
Updated Prospectus Web Address www.troweprice.com/paperless