Techniques manage a wear degree of a storage system. Such techniques involve: receiving respectively, for multiple storage devices in the storage system, multiple access histories of the multiple storage devices in a previous time period; determining respectively multiple wear increments of the multiple storage devices at a future time point based on the multiple access histories of the multiple storage devices; acquiring a wear balance degree of the storage system at the future time point based on the multiple wear increments of the multiple storage devices at the future time point; and migrating data among the multiple storage devices in response to determining that the wear balance degree satisfies a preset condition. Accordingly, it is possible to determine the wear degree of each storage device in the storage system more accurately and ensure that the wear degree of each storage device is in a balanced state.