MMDKX

About MMDKX

The MassMutual Select T. Rowe Price Retirement 2055 Fund Class M5 is a target-date mutual fund crafted for individuals aiming to retire around the year 2055. This fund primarily seeks the highest total return over time by balancing capital growth and income, making it suitable for long-term retirement savers. Structured as a fund of funds, it invests in a diversified portfolio of underlying T. Rowe Price mutual funds, providing broad exposure across various asset classes such as equities and fixed income instruments. The fund’s asset allocation follows a glide path, which maintains a higher proportion of equities in its early years to maximize growth potential before gradually shifting toward fixed income and more conservative investments as the retirement date approaches. This structure helps manage risk while aligning with the evolving investment horizon and risk tolerance of investors nearing retirement. MassMutual Select T. Rowe Price Retirement 2055 Fund Class M5 plays a key role in retirement planning, particularly for participants in employer-sponsored plans and institutional retirement accounts, offering a professionally managed, hands-off asset allocation solution throughout the accumulation and drawdown phases of retirement.