BOSTON, MA--(Marketwire - January 28, 2013) - The Trustees of The Putnam Funds have declared the following distributions.

		RECORD/		PAYMENT
FUND NAME AND DISTRIBUTIONS		EX DATE		DATE
Putnam Retirement Income Fund Lifestyle 1 - Class M Shares (PRMMX)
$0.0010 per share investment income		1/28/2013		1/30/2013
Putnam Retirement Income Fund Lifestyle 1 - Class R Shares (PRMKX)
$0.0010 per share investment income		1/28/2013		1/30/2013
Putnam Retirement Income Fund Lifestyle 1 - Class Y Shares (PRMYX)
$0.0090 per share investment income		1/28/2013		1/30/2013
Putnam Retirement Income Fund Lifestyle 2 - Class M Shares (PRLMX)
$0.0020 per share investment income		1/28/2013		1/30/2013
Putnam Retirement Income Fund Lifestyle 2 - Class R Shares (PRLRX)
$0.0020 per share investment income		1/28/2013		1/30/2013
Putnam Retirement Income Fund Lifestyle 2 - Class Y Shares (PRLYX)
$0.0060 per share investment income		1/28/2013		1/30/2013
Putnam Retirement Income Fund Lifestyle 3 - Class B Shares (PBIOX)
$0.0100 per share investment income		1/28/2013		1/30/2013
Putnam Retirement Income Fund Lifestyle 3 - Class C Shares (PCIOX)
$0.0100 per share investment income		1/28/2013		1/30/2013
Putnam Retirement Income Fund Lifestyle 3 - Class M Shares (PMIOX)
$0.0150 per share investment income		1/28/2013		1/30/2013
Putnam Retirement Income Fund Lifestyle 3 - Class R Shares (PRIOX)
$0.0150 per share investment income		1/28/2013		1/30/2013
Putnam Retirement Income Fund Lifestyle 3 - Class Y Shares (PIIYX)
$0.0190 per share investment income		1/28/2013		1/30/2013

Putnam Shareholders Contact-
1-800-225-1581