daylatedollarshort
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- Joined
- Feb 19, 2013
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Michael Kitces puts the average “lump sum” value of Social Security at about $280,000 for males and $335,000 for females and for those who maxed out the SS wage base at about $572,000 for men and $683,000 for women:
https://www.kitces.com/blog/valuing...s-as-an-asset-on-the-household-balance-sheet/
So there's a big difference in planning purposes depending on expected benefits and whether there are one or two recipients in a household.
https://www.kitces.com/blog/valuing...s-as-an-asset-on-the-household-balance-sheet/
So there's a big difference in planning purposes depending on expected benefits and whether there are one or two recipients in a household.