A big concern surrounding retirement is wondering how much money you'll receive once you apply for Social Security benefits. Knowing how much you'll be bringing in will allow you to comfortably make adjustments in order to plan for your future.

Over 50 million Americans claimed Social Security benefits as of December 2023, with an average monthly check of $1,905.31. Some only receive benefits for a few years, while others claim for a couple of decades.

In 2025, the maximum monthly benefit Social Security will pay is $5,108. To be clear, though, that's higher than the program's maximum benefit at full retirement age this year. Those looking at $5,108 a month in Social Security need to delay their claims until the age of 70 to lock in payments that high.

Typically, people become eligible for Social Security by working and paying into the program. But that’s not the only path to collecting Social Security in retirement. Even if you never worked, you may be entitled to spousal benefits from Social Security.

Most Americans rely on Social Security to make ends meet, with a 2024 Gallup poll finding that 60% of retirees say their benefits are a "major" source of income. But understanding how the program works -- and maximizing your checks -- is often easier said than done.

Facing unemployment as you near retirement can be daunting, but understanding your options can provide a financial safety net. You may qualify for both unemployment insurance and Social Security benefits simultaneously.