I have searched all over and can not determine whether the Social Security estimator at the .gov site produces the estimate in present value or future value. I'm 50, the SSN web site estimates my benefit at 67 to be $2,530/month. Is this amount future value (FV) or present value (PV)? Assuming it is FV, discounting back to today yields $1,795 using a 3.5% discount rate. Also, does anyone use the Excel PV equation for discounting (e.g. =ABS(PV($A$4,$A$5,,A17,0))? Thanks!