Putnam RetirementReady 2050 Fund

Fund Fees

Updated 11.30.2013

Maximum Sales Fees %
Initial 5.75
Deferred

Updated 11.30.2013

Maximum Fees %
Administrative
Management
Redemption

Updated 11.30.2013

Actual Fees %
12b-1 0.25
Management 0.0
Net Expense Ratio: Annual Report 0.25
Net Expense Ratio: Prospectus 1.24

Updated 03.05.2014

Total Cost Projections
3-Year $972.00
5-Year $1,270.00
10-Year $2,116.00

Purchase Information

Updated 11.30.2013

Minimum Investments
Initial $0.00
Additional
Initial IRA
Additional IRA
Initial AIP
Additional AIP