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Originally Posted by Mr Turkey
Nice spreadsheet - I couldn't do it !
Sorry to be the dark cloud ( again ) but I would caution people to only regard this as a guide.
Be sure to include the effects of taxation on your deposit and interest earned, which reduces the figure, and allow for inflation when estimating your interest rate.
How you do this on a spread sheet someone smarter than me will have to answer.
MR TURKEY
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This is a bit hard to predict as who knows what inflation,tax or interest rates are going to do in the future, so have left that out of the equasion.
I just update my spread sheet each year just to see how long money could last.I estimated I had another 30 years to live when I first wrote a spread sheet.
I suppose you could put the figures in as Turkish Lira and Turkish interest rates to see how the money would do.If you do this it may be wise to deduct what you have to pay in tax before you get excited with the great return.