| CalendarYear | Net Purchase orSale (negative)of Equities1(1) | Trust FundAssets at End of YearEquities                  (3) | Trust FundAssets at End of YearTreasury Bonds             (4) | Total OASDITrust FundAssets at End of Year                  (5) | GDP(7) | Theoretical Social Security2 withBorrowing Authority;Net OASDI Trust Fund Assets End of Year                  (9) |
|--------------|-----------------------------------------------|--------------------------------------------------------------|---------------------------------------------------------------|-----------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------|
||
| 2004         | 0                                             | 0                                                            | 1,684                                                         | 1,684                                                           | 11,544 | 1,684                                                                                                             |
| 2005         | 0                                             | 0                                                            | 1,840                                                         | 1,840                                                           | 11,911 | 1,840                                                                                                             |
| 2006         | 20                                            | 20                                                           | 1,980                                                         | 2,000                                                           | 12,246 | 1,998                                                                                                             |
| 2007         | 23                                            | 43                                                           | 2,120                                                         | 2,164                                                           | 12,562 | 2,156                                                                                                             |
| 2008         | 25                                            | 70                                                           | 2,261                                                         | 2,331                                                           | 12,870 | 2,315                                                                                                             |
| 2009         | 28                                            | 100                                                          | 2,401                                                         | 2,501                                                           | 13,171 | 2,473                                                                                                             |
| 2010         | 32                                            | 135                                                          | 2,564                                                         | 2,699                                                           | 13,466 | 2,631                                                                                                             |
| 2011         | 35                                            | 174                                                          | 2,732                                                         | 2,906                                                           | 13,752 | 2,790                                                                                                             |
| 2012         | 38                                            | 218                                                          | 2,897                                                         | 3,115                                                           | 14,024 | 2,944                                                                                                             |
| 2013         | 41                                            | 266                                                          | 3,058                                                         | 3,324                                                           | 14,285 | 3,091                                                                                                             |
| 2014         | 44                                            | 318                                                          | 3,214                                                         | 3,532                                                           | 14,547 | 3,230                                                                                                             |
| 2015         | 46                                            | 374                                                          | 3,365                                                         | 3,738                                                           | 14,804 | 3,360                                                                                                             |
| 2016         | 48                                            | 434                                                          | 3,508                                                         | 3,941                                                           | 15,061 | 3,478                                                                                                             |
| 2017         | 50                                            | 497                                                          | 3,643                                                         | 4,139                                                           | 15,322 | 3,584                                                                                                             |
| 2018         | 52                                            | 563                                                          | 3,769                                                         | 4,332                                                           | 15,586 | 3,675                                                                                                             |
| 2019         | 52                                            | 632                                                          | 3,883                                                         | 4,515                                                           | 15,842 | 3,750                                                                                                             |
| 2020         | 52                                            | 703                                                          | 3,985                                                         | 4,688                                                           | 16,100 | 3,805                                                                                                             |
| 2021         | 52                                            | 776                                                          | 4,074                                                         | 4,850                                                           | 16,354 | 3,841                                                                                                             |
| 2022         | 51                                            | 850                                                          | 4,150                                                         | 5,000                                                           | 16,610 | 3,857                                                                                                             |
| 2023         | 62                                            | 938                                                          | 4,271                                                         | 5,209                                                           | 16,861 | 3,851                                                                                                             |
| 2024         | 62                                            | 1,028                                                        | 4,381                                                         | 5,408                                                           | 17,117 | 3,823                                                                                                             |
| 2025         | 61                                            | 1,120                                                        | 4,479                                                         | 5,598                                                           | 17,372 | 3,773                                                                                                             |
| 2026         | 2                                             | 1,156                                                        | 4,623                                                         | 5,778                                                           | 17,634 | 3,700                                                                                                             |
| 2027         | 0                                             | 1,190                                                        | 4,760                                                         | 5,950                                                           | 17,903 | 3,604                                                                                                             |
| 2028         | -3                                            | 1,223                                                        | 4,890                                                         | 6,113                                                           | 18,174 | 3,486                                                                                                             |
| 2029         | -5                                            | 1,254                                                        | 5,015                                                         | 6,269                                                           | 18,451 | 3,346                                                                                                             |
| 2030         | -8                                            | 1,284                                                        | 5,134                                                         | 6,418                                                           | 18,733 | 3,184                                                                                                             |
| 2031         | -10                                           | 1,312                                                        | 5,249                                                         | 6,561                                                           | 19,022 | 3,000                                                                                                             |
| 2032         | -12                                           | 1,340                                                        | 5,358                                                         | 6,698                                                           | 19,319 | 2,796                                                                                                             |
| 2033         | -14                                           | 1,366                                                        | 5,465                                                         | 6,831                                                           | 19,622 | 2,570                                                                                                             |
| 2034         | -15                                           | 1,392                                                        | 5,570                                                         | 6,962                                                           | 19,929 | 2,325                                                                                                             |
| 2035         | -16                                           | 1,418                                                        | 5,673                                                         | 7,091                                                           | 20,243 | 2,062                                                                                                             |
| 2036         | -17                                           | 1,444                                                        | 5,776                                                         | 7,219                                                           | 20,564 | 1,780                                                                                                             |
| 2037         | -17                                           | 1,470                                                        | 5,879                                                         | 7,349                                                           | 20,892 | 1,481                                                                                                             |
| 2038         | -18                                           | 1,496                                                        | 5,985                                                         | 7,481                                                           | 21,226 | 1,165                                                                                                             |
| 2039         | -18                                           | 1,523                                                        | 6,093                                                         | 7,617                                                           | 21,562 | 833                                                                                                               |
| 2040         | -18                                           | 1,551                                                        | 6,204                                                         | 7,755                                                           | 21,904 | 485                                                                                                               |
| 2041         | -18                                           | 1,579                                                        | 6,316                                                         | 7,895                                                           | 22,252 | 120                                                                                                               |
| 2042         | -19                                           | 1,608                                                        | 6,431                                                         | 8,039                                                           | 22,605 | -262                                                                                                              |
| 2043         | -19                                           | 1,637                                                        | 6,548                                                         | 8,186                                                           | 22,961 | -662                                                                                                              |
| 2044         | -19                                           | 1,667                                                        | 6,667                                                         | 8,334                                                           | 23,322 | -1,080                                                                                                            |
| 2045         | -20                                           | 1,696                                                        | 6,786                                                         | 8,482                                                           | 23,687 | -1,516                                                                                                            |
| 2046         | -21                                           | 1,726                                                        | 6,905                                                         | 8,631                                                           | 24,055 | -1,972                                                                                                            |
| 2047         | -22                                           | 1,756                                                        | 7,023                                                         | 8,779                                                           | 24,426 | -2,449                                                                                                            |
| 2048         | -23                                           | 1,785                                                        | 7,142                                                         | 8,927                                                           | 24,799 | -2,946                                                                                                            |
| 2049         | -24                                           | 1,815                                                        | 7,259                                                         | 9,074                                                           | 25,174 | -3,465                                                                                                            |
| 2050         | -25                                           | 1,844                                                        | 7,376                                                         | 9,219                                                           | 25,552 | -4,008                                                                                                            |
| 2051         | -27                                           | 1,872                                                        | 7,489                                                         | 9,361                                                           | 25,936 | -4,577                                                                                                            |
| 2052         | -29                                           | 1,900                                                        | 7,599                                                         | 9,499                                                           | 26,324 | -5,172                                                                                                            |
| 2053         | -30                                           | 1,927                                                        | 7,706                                                         | 9,633                                                           | 26,721 | -5,795                                                                                                            |
| 2054         | -32                                           | 1,952                                                        | 7,809                                                         | 9,761                                                           | 27,123 | -6,447                                                                                                            |
| 2055         | -34                                           | 1,977                                                        | 7,907                                                         | 9,884                                                           | 27,528 | -7,130                                                                                                            |
| 2056         | -36                                           | 2,000                                                        | 8,000                                                         | 10,000                                                          | 27,939 | -7,845                                                                                                            |
| 2057         | -38                                           | 2,022                                                        | 8,087                                                         | 10,108                                                          | 28,354 | -8,594                                                                                                            |
| 2058         | -40                                           | 2,042                                                        | 8,168                                                         | 10,210                                                          | 28,775 | -9,378                                                                                                            |
| 2059         | -42                                           | 2,061                                                        | 8,244                                                         | 10,305                                                          | 29,204 | -10,196                                                                                                           |
| 2060         | -44                                           | 2,078                                                        | 8,314                                                         | 10,392                                                          | 29,639 | -11,052                                                                                                           |
| 2061         | -47                                           | 2,094                                                        | 8,377                                                         | 10,471                                                          | 30,078 | -11,946                                                                                                           |
| 2062         | -49                                           | 2,108                                                        | 8,433                                                         | 10,541                                                          | 30,526 | -12,880                                                                                                           |
| 2063         | -51                                           | 2,120                                                        | 8,481                                                         | 10,601                                                          | 30,978 | -13,857                                                                                                           |
| 2064         | -54                                           | 2,130                                                        | 8,521                                                         | 10,651                                                          | 31,438 | -14,876                                                                                                           |
| 2065         | -56                                           | 2,138                                                        | 8,553                                                         | 10,691                                                          | 31,906 | -15,940                                                                                                           |
| 2066         | -58                                           | 2,144                                                        | 8,577                                                         | 10,721                                                          | 32,379 | -17,050                                                                                                           |
| 2067         | -60                                           | 2,148                                                        | 8,593                                                         | 10,741                                                          | 32,861 | -18,208                                                                                                           |
| 2068         | -63                                           | 2,150                                                        | 8,600                                                         | 10,750                                                          | 33,359 | -19,414                                                                                                           |
| 2069         | -65                                           | 2,149                                                        | 8,598                                                         | 10,747                                                          | 33,859 | -20,670                                                                                                           |
| 2070         | -67                                           | 2,147                                                        | 8,588                                                         | 10,734                                                          | 34,366 | -21,978                                                                                                           |
| 2071         | -69                                           | 2,142                                                        | 8,568                                                         | 10,710                                                          | 34,882 | -23,340                                                                                                           |
| 2072         | -71                                           | 2,135                                                        | 8,540                                                         | 10,675                                                          | 35,404 | -24,756                                                                                                           |
| 2073         | -74                                           | 2,125                                                        | 8,501                                                         | 10,627                                                          | 35,931 | -26,230                                                                                                           |
| 2074         | -76                                           | 2,113                                                        | 8,453                                                         | 10,566                                                          | 36,464 | -27,762                                                                                                           |
| 2075         | -78                                           | 2,098                                                        | 8,394                                                         | 10,492                                                          | 37,006 | -29,356                                                                                                           |
| 2076         | -80                                           | 2,081                                                        | 8,324                                                         | 10,404                                                          | 37,555 | -31,014                                                                                                           |
| 2077         | -83                                           | 2,061                                                        | 8,242                                                         | 10,303                                                          | 38,112 | -32,736                                                                                                           |
| 2078         | -85                                           | 2,037                                                        | 8,149                                                         | 10,186                                                          | 38,677 | -34,527                                                                                                           |
| 2079         | -88                                           | 2,011                                                        | 8,043                                                         | 10,053                                                          | 39,245 | -36,387                                                                                                           |
| 1Dividends are assumed to be automatically reinvested, not counted as purchase.

2Theoretical Social Security is the current Social Security program with the assumption that the law is modified to permit borrowing from the General Fund of the Treasury. |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

Based on Intermediate Assumptions of the 2004 Trustees Report

Office of the Chief ActuarySocial Security AdministrationApril 13, 2005

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