| Franklin LifeSmart 2020 Retirement Target Fund | Class A | FLRMX | Yes |
| Franklin LifeSmart 2020 Retirement Target Fund | Class C | FLRQX | Yes |
| Franklin LifeSmart 2020 Retirement Target Fund | Class R | FLRVX | Yes |
| Franklin LifeSmart 2020 Retirement Target Fund | Class R6 | FRTSX | Yes |
| Franklin LifeSmart 2020 Retirement Target Fund | Advisor Class | FLROX | Yes |
| Franklin LifeSmart 2030 Retirement Target Fund | Advisor Class | FLRZX | Yes |
| Franklin LifeSmart 2030 Retirement Target Fund | Class A | FLRSX | Yes |
| Franklin LifeSmart 2030 Retirement Target Fund | Class C | FLRTX | Yes |
| Franklin LifeSmart 2030 Retirement Target Fund | Class R | FLRWX | Yes |
| Franklin LifeSmart 2030 Retirement Target Fund | Class R6 | FLERX | Yes |
| Franklin LifeSmart 2040 Retirement Target Fund | Class A | FLADX | Yes |
| Franklin LifeSmart 2040 Retirement Target Fund | Class C | FLOLX | Yes |
| Franklin LifeSmart 2040 Retirement Target Fund | Class R | FLSGX | Yes |
| Franklin LifeSmart 2040 Retirement Target Fund | Class R6 | FLREX | Yes |
| Franklin LifeSmart 2040 Retirement Target Fund | Advisor Class | FLSHX | Yes |
| Franklin LifeSmart 2050 Retirement Target Fund | Class A | FLSJX | Yes |
| Franklin LifeSmart 2050 Retirement Target Fund | Class C | FLSKX | Yes |
| Franklin LifeSmart 2050 Retirement Target Fund | Class R | FLSNX | Yes |
| Franklin LifeSmart 2050 Retirement Target Fund | Class R6 | FRLEX | Yes |
| Franklin LifeSmart 2050 Retirement Target Fund | Advisor Class | FLSOX | Yes |