A new report calculates that our Social Security benefits are worth $225,000 for the typical retiree.

The average monthly benefit for retirees is $1,045 in 2007. A 65-year old who wanted to buy a guaranteed income of that size -- with payments that go up with the cost of living and continue for a widowed spouse -- would need to pay an insurance company about $225,000.

FoxBusiness.com reports on Social Security benefits.