dndn1

Joined 5 years ago

Karma
132
Submissions
63
Member since
Aug 2
CalcWithDec https://calcwithdec.dev

calculang, a language for calculations https://calculang.dev

Actuarial Playground: https://actuarialplayground.com

Socials: - github.com/declann - linkedin.com/in/declann

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Recent submissions

Comment · 1 year ago
Not for the same audience but for much the same idea I made a progressive visualization of saving and compound interest in a blog post about pension saving:

https://calcwithdec.dev/posts/pictures-pensions/

I intentionally didn't include numbers at all - they are a bit more effort to interpret.

A visualization might be a nice feature for kids (but it probably depends on the kid!)

Comment · 1 year ago
People say that it's a practice.

A few years ago I was determined to practice, and it was hard, and then it became easy, auto-relaxing, like a cheat.

I lost that practice and now it's hard again.

I think GP is right to question technique vs. attention - I think we don't know much about the answer.

But a point I recall in Nestors book is that there isn't really a lot of scientific study on breath - there is much more study on specific diseases, and e.g. teeth have a full profession of study and development that the everyday act of breathing doesn't have (even though these might be highly related!).

<Opinionated> Some of the best references about breath today are not scientific, but written in the oldest books that survived in different cultures - and anyways, how much does the specific mechanism matter?

Watch this space though - science is catching up! </>

Comment · 1 year ago
Thanks for the prompt! I made a new gallery that's mobile friendly and I almost forgot why I need to land it - adding it to the list!
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Comment · 1 year ago
Neat UI, are you using a library for that?
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Comment · 1 year ago
Thanks gordito!
Comment · 1 year ago
Post-retirement is definitely harder. There are also usually rules about what's allowable with the money that built up with tax relief and such. Since these rules differ from country to country even the starting point of deciding what to model is hard.

Here in Ireland I think in order to get some flexibility with a reasonably sized pension you need to buy an annuity - a guaranteed income paid from some insurance company, up to some amount.

Some day I might settle on some scenario/s to model and take on the visualization challenge... For now hopefully people - especially those who provide the services, can assess if it can be helpful!

Comment · 1 year ago
Aha - I get you!
Comment · 1 year ago
Author here -

Health warning third bullet point is:

> Even when there is tax relief to save for a pension, this doesn’t mean that there aren’t taxes on pension income after retirement

and the footnote to it is:

> often there are taxes on pension income - so that it might be better to say that tax is deferred rather than relieved whenever we save↩

I'll consider bumping the footnote since it's important.

I might try to capture the more complete picture including post-retirement separately - a problem is that there are so many different configurations of this (e.g. in Ireland there are tax-free lump sums permitted at retirement, then there are a few specific options about the rest - and I'm probably still simplifying). But when I get comfortable about something relevant to describe, I might.

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Comment · 2 years ago
43,333 homes using 13Bn and 300k cost; I guess you changed one of these or did something else ?

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