| Franklin LifeSmart Retirement Income Fund | CLASS A | FTRAX | — |
| Franklin LifeSmart Retirement Income Fund | CLASS C | FRTCX | — |
| Franklin LifeSmart Retirement Income Fund | CLASS R | FBRLX | — |
| Franklin LifeSmart Retirement Income Fund | ADVISOR CLASS | FLRDX | — |
| Franklin LifeSmart Retirement Income Fund | Class R6 | FLMTX | — |
| Franklin LifeSmart 2025 Retirement Target Fund | CLASS A | FTRTX | — |
| Franklin LifeSmart 2025 Retirement Target Fund | CLASS C | FTTCX | — |
| Franklin LifeSmart 2025 Retirement Target Fund | CLASS R | FRELX | — |
| Franklin LifeSmart 2025 Retirement Target Fund | ADVISOR CLASS | FLRFX | — |
| Franklin LifeSmart 2025 Retirement Target Fund | Class R6 | FTLMX | — |
| Franklin LifeSmart 2035 Retirement Target Fund | CLASS C | FTRCX | — |
| Franklin LifeSmart 2035 Retirement Target Fund | CLASS R | FLRGX | — |
| Franklin LifeSmart 2035 Retirement Target Fund | ADVISOR CLASS | FLRHX | — |
| Franklin LifeSmart 2035 Retirement Target Fund | CLASS A | FRTAX | — |
| Franklin LifeSmart 2035 Retirement Target Fund | Class R6 | FMTLX | — |
| Franklin LifeSmart 2045 Retirement Target Fund | CLASS A | FTTAX | — |
| Franklin LifeSmart 2045 Retirement Target Fund | CLASS C | FLRIX | — |
| Franklin LifeSmart 2045 Retirement Target Fund | CLASS R | FLRJX | — |
| Franklin LifeSmart 2045 Retirement Target Fund | ADVISOR CLASS | FLRLX | — |
| Franklin LifeSmart 2045 Retirement Target Fund | Class R6 | FMLTX | — |
| Franklin LifeSmart 2020 Retirement Target Fund | Class A | FLRMX | — |
| Franklin LifeSmart 2020 Retirement Target Fund | Class C | FLRQX | — |
| Franklin LifeSmart 2020 Retirement Target Fund | Class R | FLRVX | — |
| Franklin LifeSmart 2020 Retirement Target Fund | Class R6 | FRTSX | — |
| Franklin LifeSmart 2020 Retirement Target Fund | Advisor Class | FLROX | — |