Financial Planning

frankday

Board Regular
Joined
Apr 13, 2012
Messages
103
I am working on a 30-year plan. I want to have a row of years and the amount that would have to be put away each year. Lets say we had a $200,000 project that we wanted to do in year 2025 and we wanted to save for 3 years. 2019 would be 0, 2020 would be 0, 2021 would be 0 , 2022 would be one third of $200,000 and so on until year 2025 when the project would be completed. I know there is a formula for each years cell but I can't think of it.

Any help would be appreciated.

 

Excel Facts

Return population for a City
If you have a list of cities in A2:A100, use Data, Geography. Then =A2.Population and copy down.
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Book1
AB
1Cost of project:£300,000
2Completion year:2025
3Number of years to save:3
4
5YearAmount to save
62018 
72019
82020
92021
102022£100,000
112023£100,000
122024£100,000
132025
142026
152027
Sheet1
Cell Formulas
RangeFormula
B6=IF(AND($A6>=$B$2-$B$3,$A6<$B$2),$B$1/$B$3,"")


Copy B6 down as necessary.

WBD
 
Upvote 0
Financial advice to invest and save in higher return funds is very important. Hopefully I will succeed in my personal financial planning as have started learning things and concept of my own as could never trust someone else advice.<style type="text/css"><!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--></style>
 
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