Assume that Social Security promises you $45,000 per year starting when you retire 45 years from today? (the first $45,000 will get paid 45 years from? now)

Finance Apr 29, 2022

Assume that Social Security promises you $45,000 per year starting when you retire 45 years from today? (the first $45,000 will get paid 45 years from? now). If your discount rate is 6%?, compounded? annually, and you plan to live for 13 years after retiring? (so that you will receive a total of 14 payments including the first? one), what is the value today of Social?Security's promise?