Retirement In the Initial earning years it may be difficult to find adequate savings and there may be immediate and closer financial goals that may take precedence over the retirement goal. The savings plan for retirement should consider the overall financial situation and goals of the individual. It may be necessary to start low and increase the savings as the income grows and the ability to save increases. Investments made in the accumulation stage should be growth oriented, since there is along investment horizon adequate to smoothen out the short term volatility in returns that such investments display. There is generally a greater ability to take risk, and the portfolio should be invested to earn higher returns. The distribution stage of retirement is when the corpus created in the accumulation stage is employed to generate the income required to meet expenses in retirement.Investment made at this stage is income -oriented primarily. The ability to take ri