The Social Security Trustees project that by 2032, the program will be unable to pay out full benefits. Unless lawmakers act before then, all retirees will face an automatic, across-the-board cut of 22 percent to their benefits. A new interactive tool from the Committee for a Responsible Federal Budget (CRFB) maps what this would look like for beneficiaries in all 50 states.

CRFB looks at three key metrics:

1. Monthly benefit cuts. Monthly benefits vary based on lifetime earnings and the age at which benefits are first claimed. In 28 states, retirees would experience cuts larger than the national average of $500 per month. Retirees in Connecticut, New Jersey, and New Hampshire face the threat of the highest cuts, exceeding $550 per month.
2. Share of population affected. In 31 states, retirees make up a greater share of the state population than the national average of 17.7 percent. Maine (22.9 percent), West Virginia (22.4 percent), and Vermont (22.0 percent) have the largest share of their populations that would be immediately impacted.
3. Total benefits lost. Nationally, benefit cuts would total $345 billion this year, or 1.1 percent of gross domestic product (GDP). In 41 states, these cuts would exceed 1 percent of GDP, with West Virginia (1.9 percent), Mississippi (1.8 percent), and Vermont (1.8 percent) facing the greatest impacts.

The report shows that, should Social Security’s primary trust fund be allowed to deplete, the economic consequences will be felt by millions of households, across every state, and at the national level. With only six years until depletion, now is the time for lawmakers to enact reforms that close the program’s funding gap and prevent harmful benefit cuts.