Today, lets tackle an interesting problem.
Lets say you are looking at some data as shown aside and wondering what is the sum of budgets for top 3 projects in East region with Low priority. How would you do that with formulas?
This article is inspired from a question asked by acpt22 in our forums.
Sum of top 3 values based on filtered criteria
Watch below video to understand how to find sum of top 3 values using formulas & pivot tables.
Watch this video on our YouTube channel.
Download Example Workbook
Click here to download example file and play with it. Examine the formulas & pivot table settings to learn this technique better.
Do you calculate sum of top ‘n’ values often?
Often, I have to calculate sum of top ‘n’ values and I use SUMPRODUCT + LARGE combination. SUMPRODUCT (or simply SUM) is such a versatile formula that you could almost use it when your car breaks down on a free way.
What about you? Do you calculate sum of top ‘n’ values? Which techniques do you use? Please share using comments.
Learn more
If you sum & count for your living, then you are going to love below tips.
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.