A Reddit user is seeking guidance on whether $2,700 monthly after essentials is sufficient for enjoying an active retirement. While he has funds for basic needs, he is unsure this amount will cover desired activities like travel and hobbies. It's emphasized that planning a budget with a financial advisor is crucial for assessing retirement funds. Essential expenses, including healthcare and housing, must be accounted for before determining if extra money will suffice for a fulfilling lifestyle beyond basic needs.
You need to make certain that you can pay these bills at a safe withdrawal rate, and you should research your costs carefully, as you don’t want to end up being surprised by how expensive coinsurance costs and supplementary insurance are when you’re covered by Medicare.
The specific amount you are going to need is going to vary a lot depending on what your hobbies and goals are, though.
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