According to the latest estimates, Social Security is on track to run out of money in 2034, or even sooner. But in this video, Certified Financial Planner® Matt Frankel discusses what’s really happening, what is most likely to happen over the next few years, and how today’s working Americans should plan for retirement given the Social Security situation.

*Stock prices used were the morning prices of May. 22, 2026. The video was published on May. 25, 2026.

The Motley Fool has a disclosure policy.

Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.