In this episode of Full Disclosure, host John McGregor talks about retirement planning with expert, Burt Williamson and why millions of Americans are nearing retirement without savings. They discuss misconceptions about social security, and potential pitfalls, and share strategies for better retirement planning, particularly for women, who often leave a significant amount of money on the table due to a lack of proper information. The episode ends with a discussion on the value of a mentor and the importance of seeking competent advice. 00:00 Introduction 03:19 Introduction of Guest Expert Burt Williamson 03:34 The Importance of Social Security 07:44 The Financial Struggles of the Average American 11:49 The Role and Future of Social Security 20:30 Understanding the Importance of Social Security for Women 21:37 The Financial Impact of Social Security Decisions 23:07 Debunking Social Security Myths 25:57 Top Pitfalls to Avoid in Social Security 33:42 Advice for Young Adults on Career and Financial Planning ----- Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity. The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.