Understanding the average retirement benefits by age is crucial for financial planning. Benefit amount depends on earnings, work history, and age of claiming benefits. As of June 2025, the average monthly Social Security check for retirees was $2,005.05, increasing to $2,176.76 at age 70.

Delaying benefit claims can result in higher payments. Up to 85% of Social Security benefits may be taxable based on other income sources. Converting pre-tax retirement funds to Roth accounts between ages 62 and 70 can reduce future tax liabilities.

Planning for a longer retirement and diversifying retirement assets are key strategies. Underestimating lifespan and keeping assets in pre-tax buckets are common pitfalls. Planning past age 85 and embracing tax diversity are crucial for a secure retirement.

Read more at Yahoo Finance: Average Benefits at Age 70 for Middle-Class Retirees