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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>222983733.25000000</valUSD>
        <pctVal>17.24103060499</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 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>1655671.53416700</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>34735988.79000000</valUSD>
        <pctVal>2.685775491755</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>842063.23825100</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12681472.37000000</valUSD>
        <pctVal>0.980527368794</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>659006.21791300</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>77815454.21000000</valUSD>
        <pctVal>6.016665915588</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 High Yield Fund Inc</name>
        <lei>2F9VPFCSWR3EU5WBPH73</lei>
        <title>T Rowe Price High Yield Fund Inc</title>
        <cusip>741481709</cusip>
        <identifiers>
          <isin value="US7414817095"/>
          <ticker value="TRKZX"/>
        </identifiers>
        <balance>7954746.29472700</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>52183135.69000000</valUSD>
        <pctVal>4.034783283886</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>192045.54611800</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14172961.30000000</valUSD>
        <pctVal>1.095848813611</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 Overseas Stock Fund</name>
        <lei>O80MRID2HJVYBDLHU105</lei>
        <title>T Rowe Price Overseas Stock Fund</title>
        <cusip>87281D835</cusip>
        <identifiers>
          <isin value="US87281D8359"/>
          <ticker value="TRZSX"/>
        </identifiers>
        <balance>2998706.14675000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>38923205.78000000</valUSD>
        <pctVal>3.009529763971</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>5369280.11762700</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>51545089.13000000</valUSD>
        <pctVal>3.985449728886</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 Horizons Fund Inc</name>
        <lei>E0J2ATABWUU4WO6I2K88</lei>
        <title>T Rowe Price New Horizons Fund Inc</title>
        <cusip>779562305</cusip>
        <identifiers>
          <isin value="US7795623054"/>
          <ticker value="TRUZX"/>
        </identifiers>
        <balance>127987.37125800</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11982177.70000000</valUSD>
        <pctVal>0.926458129609</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 Floating Rate Fund</name>
        <lei>55EVHYN9ZAYVXIDNQB12</lei>
        <title>T Rowe Price Floating Rate Fund</title>
        <cusip>87279B403</cusip>
        <identifiers>
          <isin value="US87279B4032"/>
          <ticker value="TRIZX"/>
        </identifiers>
        <balance>2924527.01048800</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>27812251.87000000</valUSD>
        <pctVal>2.150434377860</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 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>976486.31038300</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14471527.12000000</valUSD>
        <pctVal>1.118933826877</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>42450447.13799800</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>42450447.14000000</valUSD>
        <pctVal>3.282254932541</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 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>360535.65511000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17626588.18000000</valUSD>
        <pctVal>1.362882134241</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>223366.93986800</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14447373.67000000</valUSD>
        <pctVal>1.117066289884</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>872368.47729100</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>105425730.48000000</valUSD>
        <pctVal>8.151483604956</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>582687.87663900</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>20370768.17000000</valUSD>
        <pctVal>1.575061249299</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>7507735.22083700</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>75377661.62000000</valUSD>
        <pctVal>5.828176575849</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 Bond Fund</name>
        <lei>515326IHLDOILEO6ED43</lei>
        <title>T Rowe Price Emerging Markets Bond Fund</title>
        <cusip>87281D801</cusip>
        <identifiers>
          <isin value="US87281D8011"/>
          <ticker value="TREZX"/>
        </identifiers>
        <balance>5108646.00531000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>54815771.64000000</valUSD>
        <pctVal>4.238337849613</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>0.000075815037</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>1760216.81877900</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>88943755.85000000</valUSD>
        <pctVal>6.877102622609</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>22964973.36931700</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>224138140.08000000</valUSD>
        <pctVal>17.33028897015</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>
