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The article presents pieces of advice related to retirement planning. It is important to determine the amount of money needed to maintain one's lifestyle in retirement. The author states that planning early may have an advantage if a person works for an employer that not only offers a 401(k) but also provides a company pension.

Presents information on several investment tips for investors. Prioritization of financial goals and investment strategy; Increase in contributions to 402(k) fund; Elimination of credit card debt; Ways to defer taxes.

The article reports on Jason Scott of California, whose spendthrift lifestyle wrecked his finances. Scott admits that he lived a lifestyle which he could not afford and his spending resulted in a kind of personal recession. Scott remained unemployed for two years and cashed out his 401 (k) and pension, depleting both and incurring taxes and penalties. In 2011, Scott found full-time employment as a proofreader and copy editor for a nonprofit and moved back to California.

The article offers investment advice by knowing about the Roth 401(k) retirement plan, a hybrid between the 401(k) plan and the Roth IRA. The Roth 401(k) option appealing if a worker is young or at the start of his/her career, and he/she feels he/she may be in a higher tax bracket during retirement. Meanwhile, the traditional 401(k) is attractive, if an employee is nearing the end of his/her career and he/she wants to lower the amount of money that he/she is taxed on today.

The article focuses on the financial advice given to Theresa and Tony Adams, a married couple who have two children and one source of income. The household income of the couple is $50,000. The couple was advised to consolidate their first and second mortgages into an interest-only mortgage. The wife was asked to put the assets in her 401(k) plan into an Individual Retirement Account.

The article offers tips on how to pass on 401(k) assets and manage an inheritance. It discusses some of the most common mistakes that trigger unintended consequences in the inheritance of 401(k) assets such as failing to update account records to reflect the names of designated beneficiaries. It suggests that a benefactor need to set up a separate inherited individual retirement account (IRA).

The article presents a question and an answer related to financial planning. A person asks if it is advisable to wait it out or to roll over his 401(k) with a former employer that has been acquired by another firm. He was a advised that by rolling over the funds, there will be no need to worry about what happens to the former employer and the new investment choices for the 401(k).

Focuses on the effectiveness of the financial planning strategy suggested by AXA Advisors Vice President James Wright to the Asante family of Mount Vernon, New York. Factors considered in the preparation of the family's comprehensive financial plan; Increase in the life insurance policies of couple Rosemund and Randy Asante; Reinvestment of Rosemund's 403(b) account and Randy's 401(k) account into individual retirement accounts.