So how did your weekend go?
Recently I bought a bicycle. Naturally, outdoor biking has become my primary fitness activity now. So, I went to Google Maps on Sunday morning and found a nice route of 14 kilometers. So I set out on my bike.
Barely a kilometer on that route, I found myself at a cul-de-sac. So I asked a passer by how do I get to “Rampuram“, the place where my route would merge with a state high-way. He vaguely pointed to the left and told me to go right. And right I went, thru what I can call as a walking trial (and what Google tells me as a major road). After biking for a few more minutes, I ended up at an over bridge. And this is where I trusted my gut and took left. And I kept riding on a steep road. I saw 1-2 villages whose names I did not recognize. So I told myself, yeah, this must be the right route. And then, I came to an intersection that looked very familiar. And guess what?, I took a wrong turn and I ended up doing a shorter route. I rode back on the highway to home as it was getting too hot and too late.
But then the weekend ended on a brighter note as we watched a couple of good movies and played with kids.
How was your weekend?
Why did you tell me about the biking story?
Today, we have no excel post. Instead, I am going to ask you to fill-up a survey. And I realized, people always help whenever I lost my way. So…, 😛
Are you interested in online VBA Classes?
Many of you have emailed and asked me, “Chandoo, can you help us learn VBA too? Just like you do with Excel.”
Well, as flattering as those requests were, the fact is, I was lousy at VBA. Well, I used to be very good at Visual Basic, back in the college days. But my programming skills have rusted over the years as I did very little coding. I guess, I have become a business-guy. So it took me time to re-learn VBA. And now, I am happy to announce that We are ready to start our very first batch of VBA Class.
We even have an awesome domain for the classes – VBAClasses.com. (Dont go there yet, it is still blank.)
But, before we start, I need some help from you. I want to know what is it that you want to learn, so that we can design the course curriculum & methodology around your needs.
So please take a few minutes and complete this survey:
(If you cannot see the survey, click here).
Thank you very much.
Thank you so much for your time. I promise that next time, I will tell a more exciting biking story. May be I will find a unicorn or double rainbow. Or, I can just throw in a VBA tip to make it worthwhile.
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.