This doesn't even address the new calculation method that lowers your benefit before they even get to cutting it by a percentage.
Today, the Social Security Board of Trustees released its annual report on the long-term financial status of the Old-Age and Survivors Insurance (OASI) and Disability Insurance (DI) Trust Funds.
The combined trust funds are projected to become depleted in 2034, with 78% of benefits payable at that time. The DI Trust Fund is estimated to become depleted in 2057, with 91% of benefits still payable.
For more information, please visit www.ssa.gov/news/press/releases/2021/#8-2021-2
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