The 2026 Social Security Trustees Report projects trust fund depletion by 2034, leaving a nearly 20% shortfall. AARP urges Congress to act to prevent benefit cuts.
- Trust funds expected to be depleted in 2034, same as last year's estimate. - Over 71 million Americans currently rely on Social Security.
- AARP warns against proposals to cut benefits for middle-class families. - Medicare trust funds also face depletion in 2033.
AARP emphasizes that Social Security is not bankrupt but needs bipartisan action to ensure its strength for future generations.