In the second part of my DIY Retirement Withdrawal Strategy spreadsheet redesign, I look at the real simple formula I am using. I also review the fix I made to the spousal Social Security calculation to prevent our spouse from taking a spousal benefit before the primary benefit starts.

I am not a professional. I have no initials after my name, so take these as entertaining ideas from one educated consumer to another. Always do your own due diligence. And seek out a professional if you need one.

Be sure to hit the notification for Part 3 of this series….(read more)

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Real Simple Tools in My DIY RWS Spreadsheet: Part 2

In our previous article, we introduced Real Simple Tools as a powerful toolset for managing spreadsheets. These tools offer help with various tasks, such as formatting data, sorting data, and managing tables. In this article, we will delve deeper into these tools and explore how they can help us in our DIY RWS (Resource Work Schedule) spreadsheet.

Sorting Data

Real Simple Tools offer an easy-to-use sorting tool that can sort a range of cells in ascending or descending order. Sorting is an essential feature for any spreadsheet that contains a large amount of data. In our DIY RWS spreadsheet, we can use this tool to sort our employee data by name, position, or department. Sorting our data allows us to quickly identify employees with specific qualifications or skillsets, making it easier for us to allocate resources effectively.

Conditional Formatting

Conditional formatting is another useful tool found in Real Simple Tools. This feature allows us to format cells in our spreadsheet based on specific rules. For example, we can use conditional formatting to highlight cells that contain data that meets our criteria. In our DIY RWS spreadsheet, we can use this tool to highlight employees who are overworked or underutilized based on their assigned workload.

Data Validation

Data validation is a powerful tool that helps us ensure that our spreadsheet contains accurate data. With data validation, we can set up rules that limit what data can be entered into a specific cell. For instance, we can set up a data validation rule that limits the number of assigned hours an employee can have per week. This feature helps prevent errors, which can be time-consuming to correct.

Table Management

Real Simple Tools also offers various tools that help us manage tables in our spreadsheet. One such function is the ability to filter data. Filtering data allows us to view specific data sets based on specific criteria, such as filtering by department or position in our DIY RWS spreadsheet. Another useful tool is the ability to add or remove rows and columns as needed. This feature allows us to easily adjust our spreadsheet’s size and layout, making it easier to manage.

In conclusion, Real Simple Tools offer a comprehensive set of features that makes managing spreadsheets, such as our DIY RWS spreadsheet, a breeze. These tools provide us with the ability to sort data, format data, validate data, and manage tables with ease and efficiency. With Real Simple Tools, managing our spreadsheet’s data becomes a simple task, leaving us more time to focus on our business’s core operations.