< drum roll >
Welcome Nakshatra and Nishanth to their first public appearance.Nakshatra is the girl and Nishanth is the boy (for the curious, Nakshatra means star and Nishanth means moon)
Here is a fun question: Can you guess which one is Nishanth and which one is Nakshatra?
On more family affairs, today I am celebrating my 28th Birthday. The last year has been very good for PHDs. We have become parents, moved to India from US, purchased a small plot of land where we will eventually build our dream house. I have become MVP and gone to Europe for work reasons and visited several beautiful places. The blog has grown too, it crossed 6000 RSS subs, had 2 million visitors in the last one year, thanks to sweet readers like you.
Let us hope the next year will turn out even better.
PS: Posting will be lighter this week. I am traveling to Copenhagen tonight. Once I settle down there, the blogging will resume on PHD. Meanwhile have fun guessing who is who…
PPS: interesting trivia: my name means moon too. Jo’s name means moonlight. All in all, we are a family in the sky.
PPPS: unfortunately, the kids are living up to their names and not sleeping in the nights 🙁
6 Responses to “Nest Egg Calculator using Power BI”
Wow! What a Powerful article!
Hello Chandoo Sir
your file does not work with Excel 2016.
how can I try my hands on this powerful nest egg file ?
thanks
Ravi Santwani
@Ravi... this is a Power BI workbook. You need Power BI Desktop to view it. See the below tutorial to understand what Power BI is:
https://chandoo.org/wp/introduction-to-power-bi/
As always, superb article Chandoo... 🙂
Just one minor issue:
While following your steps and replicating this calculator in PowerBI, I found that the Growth Pct Parameters should be set as "Decimal number" not "Whole Number"
OR
we have to make corresponding adjustments in the Forecast formulas (i.e. divide by 100) to get accurate results.
You are right. I used whole number but modified the auto created harvester measure with /100 at end. Sorry I did not mention it in the tutorial.
Instead of
[Growth Pct 1 Value]/12
the monthly rate has to be
(1+[Growth Pct 1 Value])^(1/12)-1
It's a slight difference but in 30 years the future value will be $100k less.