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My father is retiring this April and he was asking me for advice. I have no idea what to recommend and thought I'd ask the experts here......

He's getting $125,000 f/ his IRA. He currently has $40K invested in various stocks (WCOM, SBH, SNPS, NITE).

What should one do to prepare for retirement, limit tax liability, and invest for the future?

Thanks so much and advance,
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