Commuting and retirement planning
Jul. 29th, 2025 06:31 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
mtbcJust on my walk to work this morning, twice I had to dodge tourist groups blocking the entire pavement. I thought that I had avoided this in escaping Cambridge, England, but apparently not. Not being attired for leisure, I occasionally have people ask me for help with local navigation. At least, a no-steps route at the Edinburgh end worked well for me today and took little longer. I don't feel enormously steady on many-steps and can experience some vertigo so it would seem foolish to make a frequent habit of them.
In considering the prospect of moving house a little south, it occurred to me that Glasgow's buses are best avoided and the south-side trains will go up to Central, not Queen Street from where the better Edinburgh trains depart. If I want an easy commute, it behooves me to remain near a subway station from which I can easily transfer at Buchanan to Queen Street. I wonder if there is any prospect of finding a garden flat (so better for L. the dog) in our youngest's school catchment area within easy reach of the subway; it seems a tall order.
At the last part of my way home tonight, I stop to pick up the car from a local car park. I left my parking space clear because the electricians are fixing a light above it. I did so on a previous day when there was word of their arrival, on which they helpfully spent their time partly on other activities that did not require cars to have been moved. So, second time lucky, one hopes. That first was a while ago, their work was interrupted by an unexpected-by-us holiday on their part.
Pensions guys presented to us at work and got me to thinking: I have a mountain of debt at a reasonable APR and I am in a high income tax bracket. I don't have much in pension savings so old-me will be in a low tax bracket. I expect that my debt grows faster than my pension. However, I can pay pre-tax money into my pension. So, better to direct spare post-tax money toward the debt or pre-tax into the pension? I wonder if a cranking of approximate numbers yields an obvious correct answer. It would be nice to not think about secondary factors like less debt means better APRs or that I can deduct paid mortgage interest from my US taxes.
Years ago I implemented a composable simulation language into which, were it handy now, I could easily plug these questions for a year-by-year simulation. Back when working on demonstrating that technology's application to financial planning, I was amused that such inevitably led to the question,
In considering the prospect of moving house a little south, it occurred to me that Glasgow's buses are best avoided and the south-side trains will go up to Central, not Queen Street from where the better Edinburgh trains depart. If I want an easy commute, it behooves me to remain near a subway station from which I can easily transfer at Buchanan to Queen Street. I wonder if there is any prospect of finding a garden flat (so better for L. the dog) in our youngest's school catchment area within easy reach of the subway; it seems a tall order.
At the last part of my way home tonight, I stop to pick up the car from a local car park. I left my parking space clear because the electricians are fixing a light above it. I did so on a previous day when there was word of their arrival, on which they helpfully spent their time partly on other activities that did not require cars to have been moved. So, second time lucky, one hopes. That first was a while ago, their work was interrupted by an unexpected-by-us holiday on their part.
Pensions guys presented to us at work and got me to thinking: I have a mountain of debt at a reasonable APR and I am in a high income tax bracket. I don't have much in pension savings so old-me will be in a low tax bracket. I expect that my debt grows faster than my pension. However, I can pay pre-tax money into my pension. So, better to direct spare post-tax money toward the debt or pre-tax into the pension? I wonder if a cranking of approximate numbers yields an obvious correct answer. It would be nice to not think about secondary factors like less debt means better APRs or that I can deduct paid mortgage interest from my US taxes.
Years ago I implemented a composable simulation language into which, were it handy now, I could easily plug these questions for a year-by-year simulation. Back when working on demonstrating that technology's application to financial planning, I was amused that such inevitably led to the question,
when do you plan to die?, so this pensions question is a nice exception in that I can simply optimize for starting far-off retirement in the best position.
no subject
Date: 2025-11-15 04:24 pm (UTC)