‘Small savings – Big impact’ spreadsheet

The ‘small savings – Big impact’ spreadsheet is designed so that you can see how small cost savings can have a big impact on the size of your investments for your retirement. The spreadsheet is available to you free if you simply sign up for the weekly newsletter where I will keep you up to date with everything.

This will help you know if it’s really worth cutting out that daily coffee or monthly gym membership by showing how big your savings will grow if you invest it rather than spend it. I hope this spreadsheet will help motivate you to put in place changes that will help you reach the goal of retiring sooner rather than later!

Using the spreadsheet

Any cells that have a yellow background you can edit. First of all you will want to add some data into the ‘inputs’ section at the top right. If you put in your date of birth and sex then the model will show you the impact of saving up to your retirement age. You an also add in a preferred age of retirement. Finally in this section you can flex the annual growth of your investments (not including inflation), and the % that you will draw down the funds from your pension once you retire.

Then in the main calculation section just type in the amount you could cut out of your spend for any given period (day, week, month, year) and the tool will do the rest for you! Where there is an option for ‘work day’ this is where you would only save the money on days that you go to work (i.e. 5 days out of 7 less holidays).

Here is an image of the spreadsheet:

small savings big impact
The Small savings – Big impact’ spreadsheet. Click on the image to expand it.

Don’t forget, all you need to do to get free access to this resource is to sign up to the weekly newsletter. Once you sign up you will be given details on how to access this and all of the other free resources at 5 steps to an early retirement.


Any information provided is not personal advice. You are responsible for your investment decisions and all tools provided are for illustrative purposes only. If you’re not sure whether an investment is right for you, contact a financial adviser. All investments can fall as well as rise in value, so you could get back less than you put in. Please remember, past performance is not a guide to future returns and that income is variable, not guaranteed.

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