It’s too early to know whether this prediction is correct or not.

The claim is that, under current law and contribution/benefit patterns, the U.S. Social Security Trust Fund will become insolvent around 2032 ("going to go bankrupt in 2032"). Insolvency here means the trust fund reserves are depleted and the system can no longer pay full scheduled benefits, not that payments stop entirely.

As of November 30, 2025, that future date has not yet arrived, so the trust fund has not become insolvent and no definitive judgment about 2032 can be made.

For context, recent official projections are in the same general time frame but do not exactly match 2032:

• The 2024 Social Security Trustees Report projects that the combined OASDI trust funds will be depleted in the mid‑2030s under current law (with the exact year depending on the report’s assumptions and whether you look at OASI alone or combined OASDI). After depletion, incoming payroll taxes would still cover roughly three‑quarters of scheduled benefits, but not 100%.
• Other analyses (e.g., from the Congressional Budget Office) have at various times projected depletion dates around the early‑to‑mid 2030s as well.

Because (1) the predicted year 2032 is still in the future and (2) projected depletion dates can shift with each new report and policy/economic change, this prediction cannot yet be judged as right or wrong.