When will Social Security's trust funds run out?
The 2026 Trustees Report projects that Social Security's combined trust funds will run out in 2034. Their reserves peaked at $2.9 trillion in 2020 and were $2.6 trillion at the end of 2025. After that, taxes coming in would still pay about 83% of scheduled benefits unless Congress acts. Years from 2026 are the Trustees' middle (intermediate) projection, in dollars of each year; the retirement fund alone runs out in late 2032.
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Chartly. “When will Social Security's trust funds run out?” Chart. Data: Social Security Administration, 2026 OASDI Trustees Report, Table VI.G2 (combined OASI and DI Trust Funds, intermediate assumptions), https://www.ssa.gov/oact/tr/2026/lr6g2.html (data as of December 31, 2025). https://chart.ly/charts/when-social-security-trust-funds-run-out (accessed September 26, 2026).
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| Year | Trust fund reserves at year end, US dollars |
|---|---|
| 1970 | 38,100,000,000 |
| 1971 | 40,400,000,000 |
| 1972 | 42,800,000,000 |
| 1973 | 44,400,000,000 |
| 1974 | 45,900,000,000 |
| 1975 | 44,300,000,000 |
| 1976 | 41,100,000,000 |
| 1977 | 35,900,000,000 |
| 1978 | 31,700,000,000 |
| 1979 | 30,300,000,000 |
| 1980 | 26,500,000,000 |
| 1981 | 24,500,000,000 |
| 1982 | 24,800,000,000 |
| 1983 | 24,900,000,000 |
| 1984 | 31,100,000,000 |
| 1985 | 42,200,000,000 |
| 1986 | 46,900,000,000 |
| 1987 | 68,800,000,000 |
| 1988 | 109,800,000,000 |
| 1989 | 163,000,000,000 |
| 1990 | 225,300,000,000 |
| 1991 | 280,700,000,000 |
| 1992 | 331,500,000,000 |
| 1993 | 378,300,000,000 |
| 1994 | 436,400,000,000 |
| 1995 | 496,100,000,000 |
| 1996 | 567,000,000,000 |
| 1997 | 655,500,000,000 |
| 1998 | 762,500,000,000 |
| 1999 | 896,100,000,000 |
| 2000 | 1,049,400,000,000 |
| 2001 | 1,212,500,000,000 |
| 2002 | 1,378,000,000,000 |
| 2003 | 1,530,800,000,000 |
| 2004 | 1,686,800,000,000 |
| 2005 | 1,858,700,000,000 |
| 2006 | 2,048,100,000,000 |
| 2007 | 2,238,500,000,000 |
| 2008 | 2,418,700,000,000 |
| 2009 | 2,540,300,000,000 |
| 2010 | 2,609,000,000,000 |
| 2011 | 2,677,900,000,000 |
| 2012 | 2,732,300,000,000 |
| 2013 | 2,764,400,000,000 |
| 2014 | 2,789,500,000,000 |
| 2015 | 2,812,500,000,000 |
| 2016 | 2,847,700,000,000 |
| 2017 | 2,891,800,000,000 |
| 2018 | 2,894,900,000,000 |
| 2019 | 2,897,400,000,000 |
| 2020 | 2,908,300,000,000 |
| 2021 | 2,852,000,000,000 |
| 2022 | 2,829,900,000,000 |
| 2023 | 2,788,500,000,000 |
| 2024 | 2,721,500,000,000 |
| 2025 | 2,561,300,000,000 |
| 2026 | 2,357,700,000,000 |
| 2027 | 2,102,200,000,000 |
| 2028 | 1,835,300,000,000 |
| 2029 | 1,548,500,000,000 |
| 2030 | 1,240,200,000,000 |
| 2031 | 912,000,000,000 |
| 2032 | 559,400,000,000 |
| 2033 | 182,900,000,000 |
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