Retirement Income — Growth of Income

IncomeIncome Models

60% Equity / 34% Fixed Income · Hybrid implementation · Last reviewed 2026-02-14

Ask T. Rowe Price
ActiveConstruction v12Jan 2016Jul 2026Benchmark: Diversified Income Composite

AI insights

Generate a briefing on positioning, performance, and risk for Retirement Income — Growth of Income.

Target allocation

Strategic weights at the asset class level

  • 60.1% Equity
  • 34.0% Fixed Income
  • 4.0% Alternatives
  • 2.0% Cash

Construction rules

Income Models · Hybrid

  • Rebalance policy

    Reviewed quarterly by the Asset Allocation Committee, with drift bands of ±3% at the asset class level and ±1.5% at the sleeve level.

  • Implementation

    Actively managed T. Rowe Price strategies across every sleeve.

  • Tax treatment

    Taxable fixed income core; best suited to qualified or tax-deferred accounts.

  • Minimum

    $25,000 recommended account minimum for full replication.

Construction v12 · Last reviewed 2026-02-14

Sleeve weights

Underlying strategies and target weights

  • US Large-Cap Growth11.9%
  • US Large-Cap Value12.7%
  • US Equity Index9.7%
  • Small-Mid Cap Core17.2%
  • International Core Equity8.6%
  • Core Investment-Grade Bond13.1%
  • Short Duration Income20.9%
  • Real Assets2.0%
  • Diversified Alternatives2.0%
  • Government Money Market2.0%

Weights are targets and will drift with market movement between rebalances.