Three Reasons It May Look Like You Love the IRS More Than Your Family

Consider these strategies to avoid overpaying taxes on your hard-earned money. Your family will thank you for it. (And you’ll thank yourself.)

A couple give each other a loving expression as they sit on the sofa together.
(Image credit: Getty Images)

If you’re like many people getting ready to retire, you’re concerned about the prospect of running out of money before you die.

That puts you in good company, because a recent survey found that 63% of Americans are more afraid of running out of money than they are of death.

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Scott Phillips, RIA, LUTCF
President, Asset Management Consultants, Inc.

With over 30 years in the financial services industry and money management experience, Scott Phillips, principal of Asset Management Consultants, brings knowledge and understanding to his practice to help individuals and small businesses achieve their financial goals through financial planning and wealth management strategies. Scott is a graduate of VCU in Richmond, Va. Scott believes that at the nucleus of a successful retirement plan must be a comprehensive, cohesive financial strategy.