I did the same "present value" analysis from the time I started until age 65.
When I used 5% as the APR, the number was about $3.3 million, at 7% it was about $5.6 million when I used 13.7% {which was the actual rate of return I earned with my IRAs and 401Ks} the number was so high I threw up.
So when I get my monthly 2K stipend from what the feds stole from me, I just sigh and am grateful that I put my real money into IRAs and 401Ks so that I can afford to eat dog food. s/off
You are now the third person who hase responded to my “ran the numbers” post with the fact that they did the same with the same conclusions. We have been screwed by the socialists. I hope an awakening will happen to save my kids and grandkids from this crapola.