CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 

We hereby consent to the use in this Post-Effective Amendment No. 249 to the registration statement on Form N-1A (File No. 811-07513) (Registration Statement) of our report dated October 10, 2016, relating to the financial statements and financial highlights of Putnam Retirement Income Fund Lifestyle 2, which appear in such Registration Statement. We also consent to the references to us under the headings Financial highlights and Independent Registered Public Accounting Firm and Financial Statements in such Registration Statement.

/s/ PricewaterhouseCoopers LLP
Boston, Massachusetts
December 23, 2016