In shuffling a list of items in excel I have described the technique of using random numbers generated by RAND() to sort a list of items. The technique had one disadvantage though, every time you need to reshuffle the list you have to press F9 to recalculate the rand() and then go to menu > data > sort and sort the data again based on the new random numbers.
Here is a better technique that needs one key stroke to reshuffle the list of items (sorting the list in random order every time you press the key F9):
- Insert 2 columns to the left of the list of items you want to shuffle
- In the first column fill a series of numbers starting with 1
- In the next column fill RAND() formula
- Now, next to the list of items you want to sort in random order, we will use both VLOOKUP() and SMALL() excel formulas to fetch items in random order. See the formula below:
The SMALL() excel spreadsheet formula is used to sort a list of numbers and fetch nth smallest number in a given list.
- When you want to reshuffle the order, just hit F9
More sorting: Sort text / tables from left to right along columns
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.