Social Security fund will be Zero by 2037. But it will already be in the Red for 2011.

The Associated Press: Social Security fund will be drained by 2037 However, the Congressional Budget Office (CBO) is reporting that the government will take in $45,000,000,000 (that's $45B) less than it is going to pay out for 2011. That sounds pretty drained already. So not only is there no real Social Security fund with money sitting in it waiting for us to make our withdrawals, the current workers paying into the system cannot even pay for the current pensioners. Something needs to be done now, but the older folks vote more than the younger folks. It will likely take something catastrophic to make any substantive changes to the system.