Inputs

Options that would change the taxation of earnings

Options that would change the benefit formula

Options that would raise the full retirement age

Options that would change the Cost-of-living adjustments

Options that would change benefits for specific groups

Results

Trustfund will go bankrupt in: 2034

Payable benefits at bankruptcy: 80%

Note: The estimations in this calculator rely on Congressional Budget Office’s 2015 Social Security Policy Options report (PDF). More recent updates from the Social Security Trustees Reports estimate the trust funds going bankrupt one year later in 2035, mostly due to revisions to economic assumptions. There is no substantive effect on the policy options shown in this calculator.

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