I used a 6% compound returns assumption, but there’s no such thing as guaranteed outcomes at rates such as 6%.
In a separate post: Visualizing Risk

Pictures of Pensions 🖼️

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2024-12-09 23:30:04

I used a 6% compound returns assumption, but there’s no such thing as guaranteed outcomes at rates such as 6%. In a separate post: Visualizing Risk, I illustrate a wider set of outcomes.

Even when there is tax relief to save for a pension, this doesn’t mean that there aren’t taxes on pension income after retirement1

In other words: for help to understand pensions-related issues you should speak to a financial advisor who can understand your particular circumstances and communicate suitable choices. This blog post isn’t financial advice ⚠️

You can explore more visual pension savings projections - and their formulas, using the draft pension calculator example on calculang.dev

This blog post and others are an exploration applying many tools available to understand, interpret and communicate about models and numbers: tools including visualization, interaction, animated transitions, and guided scroll-based interaction.

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↩︎