The average monthly Social Security check in 2026 is $2,071, according to the Social Security Administration (SSA). This is only $3,702 more than the federal poverty level of $21,150 for a family of two. However, bestselling personal finance author Dave Ramsey has warned that Social Security monthly benefits are only a piece of retirement income. Instead, invest 15% of your income in growth stock mutual funds through your company's 401(k) plan or a Roth IRA. These plans allow employees to have contributions automatically deducted from their paychecks. Despite this, there are limits on the annual amount one can contribute to a 401(c) plan for 2026. The annual employee contribution limit has been increased from $23,500 to $24,500.