# How to Create a Retirement Cash Flow Calculator in Excel

Excel is the most widely used tool for dealing with massive datasets. We can perform myriads of tasks of multiple dimensions in Excel. This article will show you how to create a retirement cash flow calculator in Excel.

## 3 Easy Steps to Create a Retirement Cash Flow Calculator in Excel

This is the dataset for todayâ€™s article. I have the date of retirement and rate per period. I will use them and prepare a retirement cash flow calculator.

### Step 1: Calculate Number of Payment Periods

The first step is to calculate the number of payment periods. This is the difference between retirement day and today in months. I will use the DATEDIF function in this step.

• Go to G7 and write down the following formula
`=DATEDIF(G4,G5,"M")`

• Then, press ENTER to get the output.

### Step 2: Measure Quarterly Future Value

The next step is to calculate the future quarterly value. For this reason, I will use the FV function.

• First, I will assume a monthly payment and the present value. These values will be negative.

• Then, go to D5 and write down the following formula
`=FV(\$G\$6,C5,\$G\$8,\$G\$9,0)`

• After that, press ENTER to get the output.

• Finally, use the Fill Handle to AutoFill up to D16.

### Step 3: Calculate Total Future Values

Finally, I will now calculate the total future value. The FV function will also work here. To do so,

• Go to G10 and write down the following formula
`=FV(G6,G7,G8,G9,0)`

• Then, press ENTER to get the output.

## Conclusion

I have explained how to create a retirement cash flow calculator in Excel. I hope it helps everyone. If you have any suggestions, ideas, or feedback, please feel free to comment below. Please visit Exceldemy for more useful articles like this.

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#### Akib Bin Rashid

Hi, this is MD Akib Bin Rashid. I completed my BSc in Engineering back in 2019. After that, I did an MBA. Then, I joined as an Excel and VBA Content Developer at SOFTEKO Digital. Being passionate about data analytics and finance, I will try to assist you with Excel

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