US Social Security Administration announced the trust fund will run out of money in 2032, down from projections of 2060, 2050, and 2040 in prior years; the actual depletion will occur before 2032 due to optimistic assumptions, likely around 2028-2029.

factualpending

Speaker

Jeff Gundlach

Evidence Quote

the Social Security Administration just last week acknowledged you know, when I started in this business they said they were they were they were good until 2060. And then 10 years later it was good until 2050 and then few years later it was 2040 and then it was 2038 and now they say they're out of money in 2032. Now, 2032 is close enough, but since the date of of running out of money keeps rolling forward uh, because the assumptions are too optimistic, it means that it's before 2032.

Source

Jeffrey Gundlach and Felix Zulauf: The Second Inning of a Major ShiftDoubleLine Capital
Created: 8/12/2026, 6:25:56 PM

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