Assume that Social Security promises you $ 30, 000 per year starting when you retire 45 years from today (the first $ 30 comma 000 will get paid 45 years from now). If your discount rate is 9 %, 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?

The value today of Social Security's promise is $___. (Round to the nearest cent.)