BOSTON, MA--(Marketwired - Jan 28, 2014) - The Trustees of The Putnam Funds declare the following distributions today.

         
   RECORD  PAYMENT
FUND NAME AND DISTRIBUTIONS  DATE  DATE
         
Putnam Retirement Income Fund Lifestyle 1 - Class M Shares (PRMMX)        
$0.0010 per share investment income   1/28/2014   1/30/2014
         
Putnam Retirement Income Fund Lifestyle 1 - Class R Shares (PRMKX)        
$0.0020 per share investment income   1/28/2014   1/30/2014
         
Putnam Retirement Income Fund Lifestyle 1- Class Y Shares (PRMYX)        
$0.0100 per share investment income   1/28/2014   1/30/2014
         
Putnam Retirement Income Fund Lifestyle 2- Class M Shares (PRLMX)        
$0.0020 per share investment income   1/28/2014   1/30/2014
         
Putnam Retirement Income Fund Lifestyle 2- Class R Shares (PRLRX)        
$0.0020 per share investment income   1/28/2014   1/30/2014
         
Putnam Retirement Income Fund Lifestyle 2- Class Y Shares (PRLYX)        
$0.0060 per share investment income   1/28/2014   1/30/2014
         
Putnam Retirement Income Fund Lifestyle 3 - Class B Shares (PBIOX)        
$0.0090 per share investment income   1/28/2014   1/30/2014
         
Putnam Retirement Income Fund Lifestyle 3 - Class C Shares (PCIOX)        
$0.0090 per share investment income   1/28/2014   1/30/2014
         
Putnam Retirement Income Fund Lifestyle 3- Class M Shares (PMIOX)        
$0.0140 per share investment income   1/28/2014   1/30/2014
         
Putnam Retirement Income Fund Lifestyle 3- Class R Shares (PRIOX)        
$0.0140 per share investment income   1/28/2014   1/30/2014
         
Putnam Retirement Income Fund Lifestyle 3- Class Y Shares (PIIYX)        
$0.0190 per share investment income   1/28/2014   1/30/2014