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![]() I am one of those who is contstantly thinking of retirement and planning for the big day. I have made a spreadsheet that will allow me to input estimated rates, current salary, and different sources of retirement income compared to different dates to retirement. The problem that I'm having is that the results of my estimated supplemental retirement using Excel and my TI BA II Plus don't have the same results. The formula that I'm using is: =FV(E6,DAYS360(E3,E20)/360,E4*0.1/12,-E5,1) E6=rate E3="Now" date E20=Desired Retirement Date E4=Current monthly salary * 10% -E5=Current Value of Supplemetal Retirement The dividing by number of days by 360 and the percent of monthly contributions by 12 were added to try and make things work. Basically, I need to know what the value of my account will be in the future with a current balance with monthly contributions, between a date range at a specified % rate. I hope that this makes sense. Thank you, John -- jconnalyjr ------------------------------------------------------------------------ jconnalyjr's Profile: http://www.excelforum.com/member.php...o&userid=23981 View this thread: http://www.excelforum.com/showthread...hreadid=376004 |
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