In the example shown, we have a set of order data that includes Date, Product, Name, and Amount. The data is sorted by date in ascending order. The goal is to look up the latest order for a given person by Name. In other words, we want the last match by name. The challenge is that Excel...Read more
The DATEDIF function is designed to calculate the difference between two date values in years, months, or days. The result from DATEDIF is a number that corresponds to the time unit requested. DATEDIF is a versatile function that can be used in financial analysis, project planning, age...Read more
The 4% retirement rule suggests you can safely withdraw 4% of your portfolio in year one of retirement, then adjust that amount for inflation each year for 30 years without running out of money. But how does this actually play out year by year? This article builds a complete Excel model to...Read more
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