So Social Security is functionally going to be bankrupt in eight years.View on YouTube
As of November 30, 2025, the U.S. Social Security trust funds have not yet become insolvent, and the prediction is about a status change expected around 2033, which is still in the future.
Current projections from the Social Security Trustees (2024 report) estimate that the combined Old-Age and Survivors Insurance (OASI) and Disability Insurance (DI) trust funds will be depleted in the early–mid 2030s (often cited as around 2033–2035), after which incoming payroll taxes would cover only about three-quarters of scheduled benefits, implying either automatic benefit cuts or the need for additional financing. These projections are broadly consistent with the timeframe mentioned in the prediction, but they are forecasts, not events that have already occurred.
Because insolvency has not yet occurred and the relevant year (≈2033) is still ahead of us, there is not enough information to say the prediction is right or wrong at this time. Therefore the correct status is: inconclusive (too early to tell).