Michael Egan Answers the Question: Is Social Security Going Broke?

November 30, 2012 — Certified Financial Planner™ professional Michael Egan is an expert in traversing the Social Security system in helping his clients plan ahead for retirement.

In this episode of “Let’s Talk Live!,” Egan explains:

  • Social Security is not going bankrupt. Here’s why.
  • You can actually be eligible for up to three different benefits during your lifetime. What are these?
  • You know that most people think Social Security checks really do not mean that much. But Egan insists that’s not true. In fact, they have two big benefits. What are they?
  • Since Social Security is a complicated system, it requires a significant amount of planning before you file for benefits. What are some filing tips?

Click here to view Egan’s interview.