We are almost at the end of 2013. Time to review how much more awesome we became this year. Today let me ask you a very simple question.
What is the coolest Excel trick you have learned this year?
Go ahead and post your answers using comments.
I will go first:
As my life revolves around Excel, not a week goes by when I don’t learn something new. That said, 3 of the most impressive tricks I have learned this year are,
- Calculating sum of top 3 values in a filtered list.
- Transposing a table of formulas quickly using copy-paste.
- Shading above or below lines in Excel charts
For me the coolest trick has to be the transposing one. This, shared by Joey (a commenter on Chandoo.org) shows how to solve a tricky problem with smart thinking.
What about you?
Go ahead and tell me what is the coolest Excel trick you have learned all this year.
We have 18 more days in this year and I am really hoping to learn few more awesome tricks. I am all ears to hear what you have to say.
Go!
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.