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Reel Freedom: Office Space and the freedom to stop working

Welcome to the third iteration in my ‘Reel Freedom’ FIRE-related film series. It’s been a while since my previous ones but I'm back with a corker! Previously I explored consumerism in Fight Club and money vs meaning in A Christmas Carol. This time round I'm looking at what is probably the most obvious of FIRE-related films... ' Office Space'. This is a 90s cult classic that strangely I acutally only got round to seeing a few years ago. If you've not seen the movie I've no doubt that will have at least seen a few memes based on the film. This film tackles a number of topics associated with the FIRE movement, most notably: what would you do if you didn’t have to work for money? Peter, the main protagonist, is the relatable everyman, wrestling with that age-old exchange of time for money, especially when the money comes from a job he hates! As before, disclaimer here is that this will probably contain spoilers. All set? Let’s have a look! "It's not...
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'Lumpy' Pension Calculator

Here's a calculator I made a while back, mainly out of frustration that the vast vast majority of online pension calculators made some huge assumptions. Namely, that you will carry on working until at least your private pension age, and that your contributions will be exactly the same each year, or at least that they will increase with inflation.

https://docs.google.com/spreadsheets/d/1iltETWM5FcgGA_TIOTcurNqdBoqAkh4y/edit?usp=sharing&ouid=113724788594386554052&rtpof=true&sd=true

So, here it is, the 'lumpy' Pension Calculator. Which lets you input a custom amount each year, to see what effect 'front loading' your pension will have. Spoiler alert...it's pretty good!!

How to use:

  1. Click on the link and download a copy for yourself (that way it avoid people inputting amounts into the online template!)
  2. Input your age, current pension pot and what returns you think you'll get on average
  3. Have a mess around with some annual pension contributions in Column B. Maybe deposit more earlier on, and then dial it back to the company match
  4. Column A will highlight when you have reached age 57. This is the current private pension age and will apply to most people, although always worth checking to make sure!!!
Note: The 'salary' box is just there for reference, it doesn't change any of the calculations



Any questions just let me know!

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