If you don’t want to use a finder replacement app which would add the extra right click functionality like creating a text file, there are finder extensions/plugins.

There’s one called FinderUtilities[1] which does specifically what you want.

There’s also more featureful extensions like Power Menu[2] as well.

1. https://github.com/suolapeikko/FinderUtilities

2. https://fiplab.com/apps/power-menu-for-mac