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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>T Rowe Price International Stock Fund</name>
        <lei>DIXEPQW5DPUCAUYFLI61</lei>
        <title>T Rowe Price International Stock Fund</title>
        <cusip>87281D843</cusip>
        <identifiers>
          <isin value="US87281D8433"/>
          <ticker value="TRNZX"/>
        </identifiers>
        <balance>4112030.67498800</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>86270403.56000000</valUSD>
        <pctVal>6.408260738695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>T Rowe Price US Treasury Money Fund Inc</name>
        <lei>5493009ZDCM2JOJCUS84</lei>
        <title>T Rowe Price US Treasury Money Fund Inc</title>
        <cusip>77957T800</cusip>
        <identifiers>
          <isin value="US77957T8009"/>
          <ticker value="TRZXX"/>
        </identifiers>
        <balance>27818464.33625500</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>27818464.34000000</valUSD>
        <pctVal>2.066386216877</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>T Rowe Price Real Assets Fund Inc</name>
        <lei>5493008NLR7XEV5QEO07</lei>
        <title>T Rowe Price Real Assets Fund Inc</title>
        <cusip>87279W308</cusip>
        <identifiers>
          <isin value="US87279W3088"/>
          <ticker value="TRZRX"/>
        </identifiers>
        <balance>2382699.08826900</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>35311600.49000000</valUSD>
        <pctVal>2.622984635550</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>T Rowe Price Equity Index 500 Fund</name>
        <lei>549300VJO42KQ3FO2X07</lei>
        <title>T Rowe Price Equity Index 500 Fund</title>
        <cusip>779552504</cusip>
        <identifiers>
          <isin value="US7795525044"/>
          <ticker value="TRHZX"/>
        </identifiers>
        <balance>1130214.57100600</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>136586430.91000000</valUSD>
        <pctVal>10.14579075233</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>T Rowe Price Small-Cap Value Fund Inc</name>
        <lei>ZPMK6UBY3Q3LBDC3GP51</lei>
        <title>T Rowe Price Small-Cap Value Fund Inc</title>
        <cusip>77957Q400</cusip>
        <identifiers>
          <isin value="US77957Q4001"/>
          <ticker value="TRZVX"/>
        </identifiers>
        <balance>514655.60094300</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>33287924.27000000</valUSD>
        <pctVal>2.472663733672</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>T Rowe Price US Equity Research Fund Inc</name>
        <lei>F3LBM5TMT300W38DI523</lei>
        <title>T Rowe Price US Equity Research Fund Inc</title>
        <cusip>77954P405</cusip>
        <identifiers>
          <isin value="US77954P4054"/>
          <ticker value="PCUZX"/>
        </identifiers>
        <balance>21.85300000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>980.54000000</valUSD>
        <pctVal>0.000072835592</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>T Rowe Price Emerging Markets Stock Fund</name>
        <lei>IMG3L58DUY918PK2SP65</lei>
        <title>T Rowe Price Emerging Markets Stock Fund</title>
        <cusip>87281D876</cusip>
        <identifiers>
          <isin value="US87281D8763"/>
          <ticker value="TRGZX"/>
        </identifiers>
        <balance>863596.59713500</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>42221237.63000000</valUSD>
        <pctVal>3.136240104119</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>T Rowe Price Emerging Markets Discovery Stock Fund</name>
        <lei>549300O1OJ5I2F2FBD73</lei>
        <title>T Rowe Price Emerging Markets Discovery Stock Fund</title>
        <cusip>87281D884</cusip>
        <identifiers>
          <isin value="US87281D8847"/>
          <ticker value="TRFZX"/>
        </identifiers>
        <balance>2054190.97765300</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>30936116.12000000</valUSD>
        <pctVal>2.297968830082</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>T Rowe Price Growth Stock Fund Inc</name>
        <lei>549300OJ8IWU7COPZY12</lei>
        <title>T Rowe Price Growth Stock Fund Inc</title>
        <cusip>77958E208</cusip>
        <identifiers>
          <isin value="US77958E2081"/>
          <ticker value="TRJZX"/>
        </identifiers>
        <balance>2180239.06526800</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>257442628.83000000</valUSD>
        <pctVal>19.12312244662</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>T Rowe Price Value Fund Inc</name>
        <lei>TLDUHX6EEOQ43DDR8861</lei>
        <title>T Rowe Price Value Fund Inc</title>
        <cusip>779578400</cusip>
        <identifiers>
          <isin value="US7795784005"/>
          <ticker value="TRZAX"/>
        </identifiers>
        <balance>5472534.51274000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>276527168.93000000</valUSD>
        <pctVal>20.54074313683</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>T Rowe Price Dynamic Global Bond Fund</name>
        <lei>549300RBL73KV0WZZF27</lei>
        <title>T Rowe Price Dynamic Global Bond Fund</title>
        <cusip>87281D702</cusip>
        <identifiers>
          <isin value="US87281D7021"/>
          <ticker value="TRDZX"/>
        </identifiers>
        <balance>421795.41910500</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4049236.02000000</valUSD>
        <pctVal>0.300781718154</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>T Rowe Price Mid-Cap Value Fund Inc</name>
        <lei>VTYZMD0S9U3JRH8LCB93</lei>
        <title>T Rowe Price Mid-Cap Value Fund Inc</title>
        <cusip>77957Y502</cusip>
        <identifiers>
          <isin value="US77957Y5024"/>
          <ticker value="TRTZX"/>
        </identifiers>
        <balance>1443180.64420100</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>50453595.32000000</valUSD>
        <pctVal>3.747748714196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>T Rowe Price New Income Fund Inc</name>
        <lei>5F373D85WF2X2XQOCV26</lei>
        <title>T Rowe Price New Income Fund Inc</title>
        <cusip>779570506</cusip>
        <identifiers>
          <isin value="US7795705067"/>
          <ticker value="TRVZX"/>
        </identifiers>
        <balance>1756912.56077200</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17147466.59000000</valUSD>
        <pctVal>1.273732733154</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>T Rowe Price International Bond Fund - USD Hedged</name>
        <lei>N/A</lei>
        <title>T Rowe Price International Bond Fund - USD Hedged</title>
        <cusip>87281D850</cusip>
        <identifiers>
          <isin value="US87281D8508"/>
          <ticker value="TRMZX"/>
        </identifiers>
        <balance>563742.71170200</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5659976.83000000</valUSD>
        <pctVal>0.420429322280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>T Rowe Price Mid-Cap Growth Fund Inc</name>
        <lei>549300H4FB9U29ZK0L79</lei>
        <title>T Rowe Price Mid-Cap Growth Fund Inc</title>
        <cusip>779556505</cusip>
        <identifiers>
          <isin value="US7795565057"/>
          <ticker value="TRQZX"/>
        </identifiers>
        <balance>390950.15043600</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>49818777.67000000</valUSD>
        <pctVal>3.700593758906</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>T Rowe Price Small-Cap Stock Fund Inc</name>
        <lei>DN033QOT4XRHBV08B590</lei>
        <title>T Rowe Price Small-Cap Stock Fund Inc</title>
        <cusip>779572601</cusip>
        <identifiers>
          <isin value="US7795726014"/>
          <ticker value="TRZZX"/>
        </identifiers>
        <balance>466892.11555600</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>34456638.13000000</valUSD>
        <pctVal>2.559477088366</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2022-01-21</ncom:dateSigned>
      <ncom:nameOfApplicant>T. ROWE PRICE RETIREMENT FUNDS, INC.</ncom:nameOfApplicant>
      <ncom:signature>Alan S. Dupski</ncom:signature>
      <ncom:signerName>Alan S. Dupski</ncom:signerName>
      <ncom:title>Treasurer &amp; Vice President</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
