How to Money · Friday, August 7, 2026
The Social Security trust fund is now projected to be depleted by Q1 2032, a quarter sooner than previously estimated. Hosts Joel and Matt expressed concern about the government's inaction and the potential for reduced benefits, advising listeners to plan for receiving less than the projected Social Security payout.
“Will social Security go broke in twenty thirty two? Here's what's happening.”
“But the trust on is going to drive in twenty thirty two, which is what I think, one quarter sooner than it was previously expected for Q one thirty two versus q Q four thirty two versus Q one twenty thirty three.”
“You can't plan for that full amount, you know, plan for twenty five thirty percent less than what social Security dot Gov is telling you.”