<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Kemper
Retirement Fund - Series VI Annual Report for the fiscal year ended 7/31/2000
and is qualified in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000854905
<NAME> KEMPER TARGET EQUITY FUND
<SERIES>
<NUMBER> 007
<NAME> KEMPER RETIREMENT FUND - SERIES VI
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JUL-31-2000
<PERIOD-START> AUG-01-1999
<PERIOD-END> JUL-31-2000
<INVESTMENTS-AT-COST> 54,318
<INVESTMENTS-AT-VALUE> 62,887
<RECEIVABLES> 165
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 63,053
<PAYABLE-FOR-SECURITIES> 248
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 148
<TOTAL-LIABILITIES> 396
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 49,473
<SHARES-COMMON-STOCK> 5,357
<SHARES-COMMON-PRIOR> 6,016
<ACCUMULATED-NII-CURRENT> 981
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3,634
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 8,569
<NET-ASSETS> 62,657
<DIVIDEND-INCOME> 244
<INTEREST-INCOME> 2,238
<OTHER-INCOME> 0
<EXPENSES-NET> 682
<NET-INVESTMENT-INCOME> 1,801
<REALIZED-GAINS-CURRENT> 3,656
<APPREC-INCREASE-CURRENT> 611
<NET-CHANGE-FROM-OPS> 6,068
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,387
<DISTRIBUTIONS-OF-GAINS> 1,953
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 960
<SHARES-REINVESTED> 301
<NET-CHANGE-IN-ASSETS> 4,825
<ACCUMULATED-NII-PRIOR> 574
<ACCUMULATED-GAINS-PRIOR> 1,931
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 328
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 687
<AVERAGE-NET-ASSETS> 64,926
<PER-SHARE-NAV-BEGIN> 11.22
<PER-SHARE-NII> .32
<PER-SHARE-GAIN-APPREC> .76
<PER-SHARE-DIVIDEND> (.25)
<PER-SHARE-DISTRIBUTIONS> (.35)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.70
<EXPENSE-RATIO> 1.05
</TABLE>
