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Retirement Savings Last

  1. #1
    Paul Ilacqua
    Guest

    Retirement Savings Last

    Could someone post the formulas necessary to calculate how long a lump sum
    will last if I withdraw X amount with it earning x % interest. I've used a
    canned financial calc and it does not seem correct.
    Thank You

    Paul



  2. #2
    Chip Pearson
    Guest

    Re: Retirement Savings Last

    The NPER function should compute this. See help for more info.


    --
    Cordially,
    Chip Pearson
    Microsoft MVP - Excel
    Pearson Software Consulting, LLC
    www.cpearson.com


    "Paul Ilacqua" <pilacqu2@twcny.rr.com> wrote in message
    news:evRGj%23zgFHA.3216@TK2MSFTNGP10.phx.gbl...
    > Could someone post the formulas necessary to calculate how long
    > a lump sum will last if I withdraw X amount with it earning x %
    > interest. I've used a canned financial calc and it does not
    > seem correct.
    > Thank You
    >
    > Paul
    >




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