“Social Security’s Board of Trustees projects that, under their
best-estimate assumptions, the Social Security (Old-Age, Survivors and Disability Insurance, or OASDI) trust funds
will become exhausted almost four decades before the end of the 75-year projection period used for measuring the
program’s long-range financial status.”
Source: Issue Brief: Raising the Retirement Age for Social Security,
American Academy of Actuaries, October 2002