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 Personal financial management, V2

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debbieyss
post May 16 2011, 11:48 AM

Look at all my stars! I want to be a SUPERSTAR!
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4,458 posts

Joined: Nov 2008
From: Kuala Lumpur


QUOTE(wongmunkeong @ May 16 2011, 06:37 AM)
Ah - found out i can share via GoogleDocs.
My usual = YELLOW CELLS are variables that U can manipulate
Savings: https://spreadsheets.google.com/ccc?key=0Aq...uthkey=CPz7k4gG
U can go there, FILE | SAVE AS > EXCEL and manipulate it from there
*
Read through your excel file.

In fact I have calculated the way that you do, but I only find this formula quite insecure, and it would be very tiring. 20 years later, no doubt you can save up RM500K or so, but don't forget this hasn't included the inflation, and your medical fee when you are old. If you have children, where do you want your children go for education? If you are staying with parents, is the house under your name in future? Or you got to buy a new house or second-hand house? If you are buying, I don't think the RM500K is enough for retirement.

That's why I said, the conventional saving plan (save up certain percent monthly from young), may not enough for your retirement.
debbieyss
post May 16 2011, 01:11 PM

Look at all my stars! I want to be a SUPERSTAR!
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Senior Member
4,458 posts

Joined: Nov 2008
From: Kuala Lumpur


wongmunkeong, ok thanks.

I think you can straight away attach the file here, no need to upload your file to Google one... wink.gif

Look forward to download your excel file.

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