Rappaport Retirement Index 2022

Rappaport Retirement Index 2022
Rappaport Retirement Index
August 2022 Release: Rappaport Retirement Index RRI

Consumers 62 years and older experienced benign inflation increases on both the month over month and year over year figures.
For 2013 the RRI YOY rose 1.62%
For 2014 the RRI YOY dropped 1.32 %
For 2015 the RRI YOY dropped 1%  
For 2016 the RRI YOY rose 2.33% 
For 2017 the RRI YOY rose 2.19% 
For 2018 the RRI YOY rose 2.05%
For 2019 the RRI YOY rose 2.39%
For 2020 the RRI YOY rose 1.48%
For 2021 the RRI YOY rose 6.27%
For August 2022 RRI YOY rose 7.95%


“Inflation for seniors was unchanged in August steady at 7.95%. A drop in Transportation costs was the main reason for the decline. Medical Care costs rose again to 4.58%  year over year which has increased every month but now at a more rapid rate Although still below the overall rate of inflation we can clearly see the affects rising input costs are having. Those collecting Social Security saw their benefits rise 5.9% for 2022 which was good news but unfortunately has not keep pace inflation. We are projecting a higher increase for 2023 which cannot come soon enough” 
The Rappaport Retirement Index chooses not to break out food and energy to provide a core rate. The purpose of the RRI is to provide planning and inflation and inflation data for the real world and last I checked, senior eat and drive around so although the core rate may be good for planning as it relates to the Federal Reserve and interest rates, it does little to help financial planner help their clients plan for this extended phase of their client's financial life. “said H Craig Rappaport, creator of the Rappaport Retirement index.  
The Rappaport Retirement Index is a new inflation index for retirees released monthly to provide better financial planning replaces the CPI-U (Urban) as the main inflation tool.
Retirement Specialist and Accredited Wealth Management Advisor H Craig Rappaport, using statistical data and guidance provided by the Bureau of Labor and Statistics, releases the Rappaport Retirement Index.
For several decades, the baby boom generation has been preparing for retirement. The Rappaport Retirement Index is the first inflation index for financial planners, retirees and soon-to-be retirees needing to know how to plan and invest to create and accurately calculate their retirement income needs.
The Department of Labor has gathered inflation data for the elderly and calculated an inflation index for this group for over 25 years but does not release the results. It is called the Consumer Price Index for the Elderly. The Rappaport Retirement Index uses the data to calculate a forward looking and useful index for real people doing real planning and having to live with the consequences of their actions.
H Craig Rappaport, the author of Live Long Live Rich -Creating Your Retirement Paycheck and President of Rappaport Wealth Management, is available for interviews Specializing in retirement, Rappaport has appeared in the Wall Street Journal, Fox News, CNN Headline News, Bloomberg, The Dow Jones News Service as well as many television shows, magazines, newspapers and can be heard on the radio daily.
For questions or interviews: 1-610-293-8005 or at Craig@rappaportwealth.com
 
Securities offered through International Assets Advisory, LLC (“IAA”) – Member FINRA/SIPC. Advisory services offered through International Assets Investment Management, LLC (“IAIM”) –SEC RIA. Rappaport Wealth is unaffiliated with IAA and IAIM. 
The information contained herein is obtained from carefully selected sources believed to be reliable, but its accuracy or completeness is not guaranteed. This report is for informational purposes only and is not a solicitation or a recommendation that any particular investor should purchase or sell any particular security. All expressions of opinions are subject to change without notice and are those of Craig Rappaport.  Investing involves risk and you may incur a profit or a loss. Please carefully consider investment objectives, risks, charges, and expenses before investing. Past performance may not be indicative of future results.

 

Rappaport Retirement Index 2022
Rappaport Retirement Index
July 2022 Release: Rappaport Retirement Index RRI

Consumers 62 years and older experienced benign inflation increases on both the month over month and year over year figures.
For 2013 the RRI YOY rose 1.62%
For 2014 the RRI YOY dropped 1.32 %
For 2015 the RRI YOY dropped 1%  
For 2016 the RRI YOY rose 2.33% 
For 2017 the RRI YOY rose 2.19% 
For 2018 the RRI YOY rose 2.05%
For 2019 the RRI YOY rose 2.39%
For 2020 the RRI YOY rose 1.48%
For 2021 the RRI YOY rose 6.27%
For July 2022 RRI YOY rose 7.95%
“Inflation for seniors moderated somewhat in July dropping to 7.95% from 8.25% in June. A drop in Transportation costs was the main reason for the decline. Medical Care costs rose again to 4.15%  year over year which has increased every month but now at a more rapid rate Although still below the overall rate of inflation we can clearly see the affects rising input costs are having. Those collecting Social Security saw their benefits rise 5.9% for 2022 which was good news but unfortunately has not keep pace inflation.” 
The Rappaport Retirement Index chooses not to break out food and energy to provide a core rate. The purpose of the RRI is to provide planning and inflation and inflation data for the real world and last I checked, senior eat and drive around so although the core rate may be good for planning as it relates to the Federal Reserve and interest rates, it does little to help financial planner help their clients plan for this extended phase of their client's financial life. “said H Craig Rappaport, creator of the Rappaport Retirement index.  
The Rappaport Retirement Index is a new inflation index for retirees released monthly to provide better financial planning replaces the CPI-U (Urban) as the main inflation tool.
Retirement Specialist and Accredited Wealth Management Advisor H Craig Rappaport, using statistical data and guidance provided by the Bureau of Labor and Statistics, releases the Rappaport Retirement Index.
For several decades, the baby boom generation has been preparing for retirement. The Rappaport Retirement Index is the first inflation index for financial planners, retirees and soon-to-be retirees needing to know how to plan and invest to create and accurately calculate their retirement income needs.
The Department of Labor has gathered inflation data for the elderly and calculated an inflation index for this group for over 25 years but does not release the results. It is called the Consumer Price Index for the Elderly. The Rappaport Retirement Index uses the data to calculate a forward looking and useful index for real people doing real planning and having to live with the consequences of their actions.
H Craig Rappaport, the author of Live Long Live Rich -Creating Your Retirement Paycheck and President of Rappaport Wealth Management, is available for interviews Specializing in retirement, Rappaport has appeared in the Wall Street Journal, Fox News, CNN Headline News, Bloomberg, The Dow Jones News Service as well as many television shows, magazines, newspapers and can be heard on the radio daily.
For questions or interviews: 1-610-293-8005 or at Craig@rappaportwealth.com
 
Securities offered through International Assets Advisory, LLC (“IAA”) – Member FINRA/SIPC. Advisory services offered through International Assets Investment Management, LLC (“IAIM”) –SEC RIA. Rappaport Wealth is unaffiliated with IAA and IAIM. 
The information contained herein is obtained from carefully selected sources believed to be reliable, but its accuracy or completeness is not guaranteed. This report is for informational purposes only and is not a solicitation or a recommendation that any particular investor should purchase or sell any particular security. All expressions of opinions are subject to change without notice and are those of Craig Rappaport.  Investing involves risk and you may incur a profit or a loss. Please carefully consider investment objectives, risks, charges, and expenses before investing. Past performance may not be indicative of future results.

 

 

Rappaport Retirement Index 2022
Rappaport Retirement Index
June 2022 Release: Rappaport Retirement Index RRI

Consumers 62 years and older experienced benign inflation increases on both the month over month and year over year figures.
For 2013 the RRI YOY rose 1.62%
For 2014 the RRI YOY dropped 1.32 %
For 2015 the RRI YOY dropped 1%  
For 2016 the RRI YOY rose 2.33% 
For 2017 the RRI YOY rose 2.19% 
For 2018 the RRI YOY rose 2.05%
For 2019 the RRI YOY rose 2.39%
For 2020 the RRI YOY rose 1.48%
For 2021 the RRI YOY rose 6.27%
For June 2022 RRI YOY rose 8.25%
“Rising food and transportation costs are crushing senior's budgets as inflation continues to ravage the most vulnerable segment of the U.S. population. Those on fixed incomes can ill afford to continuer to pay higher prices on those goods and services they cannot avoid purchasing. You don't need new clothes and can cut back on recreation, but food and fuel are unavoidable costs. More troublesome for seniors is the constant uptick in medical costs and as inflation begins to bleed into what was a more stable inflation data point.  Medical Care costs rose 3.93% year over year which has increased every month but now at a more rapid rate Although still below the overall rate of inflation we can clearly see the affects rising input costs are having. That is a significant shift as expenses for seniors exploding to the upside now.   Those collecting Social Security saw their benefits rise 5.9% for 2022 which was good news but unfortunately has not keep pace inflation. 
The Rappaport Retirement Index chooses not to break out food and energy to provide a core rate. The purpose of the RRI is to provide planning and inflation and inflation data for the real world and last I checked, senior eat and drive around so although the core rate may be good for planning as it relates to the Federal Reserve and interest rates, it does little to help financial planner help their clients plan for this extended phase of their client's financial life. “said H Craig Rappaport, creator of the Rappaport Retirement index.  

The Rappaport Retirement Index is a new inflation index for retirees released monthly to provide better financial planning replaces the CPI-U (Urban) as the main inflation tool.
Retirement Specialist and Accredited Wealth Management Advisor H Craig Rappaport, using statistical data and guidance provided by the Bureau of Labor and Statistics, releases the Rappaport Retirement Index.
For several decades, the baby boom generation has been preparing for retirement. The Rappaport Retirement Index is the first inflation index for financial planners, retirees and soon-to-be retirees needing to know how to plan and invest to create and accurately calculate their retirement income needs.
The Department of Labor has gathered inflation data for the elderly and calculated an inflation index for this group for over 25 years but does not release the results. It is called the Consumer Price Index for the Elderly. The Rappaport Retirement Index uses the data to calculate a forward looking and useful index for real people doing real planning and having to live with the consequences of their actions.
H Craig Rappaport, the author of Live Long Live Rich -Creating Your Retirement Paycheck and President of Rappaport Wealth Management, is available for interviews Specializing in retirement, Rappaport has appeared in the Wall Street Journal, Fox News, CNN Headline News, Bloomberg, The Dow Jones News Service as well as many television shows, magazines, newspapers and can be heard on the radio daily.
For questions or interviews: 1-610-293-8005 or at Craig@rappaportwealth.com
 
Securities offered through International Assets Advisory, LLC (“IAA”) – Member FINRA/SIPC. Advisory services offered through International Assets Investment Management, LLC (“IAIM”) –SEC RIA. Rappaport Wealth is unaffiliated with IAA and IAIM. 
The information contained herein is obtained from carefully selected sources believed to be reliable, but its accuracy or completeness is not guaranteed. This report is for informational purposes only and is not a solicitation or a recommendation that any particular investor should purchase or sell any particular security. All expressions of opinions are subject to change without notice and are those of Craig Rappaport.  Investing involves risk and you may incur a profit or a loss. Please carefully consider investment objectives, risks, charges, and expenses before investing. Past performance may not be indicative of future results.

Rappaport Retirement Index 2022

May 2022 Release: Rappaport Retirement Index RRI
Consumers 62 years and older experienced benign inflation increases on both the month over month and year over year figures.
For 2013 the RRI YOY rose 1.62%
For 2014 the RRI YOY dropped 1.32 %
For 2015 the RRI YOY dropped 1%  
For 2016 the RRI YOY rose 2.33% 
For 2017 the RRI YOY rose 2.19% 
For 2018 the RRI YOY rose 2.05%
For 2019 the RRI YOY rose 2.39%
For 2020 the RRI YOY rose 1.48%
For 2021 the RRI YOY rose 6.27%
For May 2022 RRI YOY rose 7.81%

“Rising food and transportation costs are crushing senior's budgets and inflation ravages the most vulnerable segment of the U.S. population. Those on fixed incomes can ill afford to continuer to pay higher prices on those goods and services they cannot avoid purchasing. You don't need new clothes and can cut back on recreation, but food and fuel are unavoidable costs. More troublesome for seniors is the constant uptick in medical costs and as inflation begins to bleed into what was a more stable inflation data point.  Medical Care costs rose 3.23% year over year which has increased every month but now at a more rapid rate Although still below the overall rate of inflation we can clearly see the affects rising input costs are having. That is a significant shift as expenses for seniors exploding to the upside now.   Those collecting Social Security saw their benefits rise 5.9% for 2022 which was good news but unfortunately has not keep pace inflation".

The Rappaport Retirement Index chooses not to break out food and energy to provide a core rate. The purpose of the RRI is to provide planning and inflation and inflation data for the real world and last I checked, senior eat and drive around so although the core rate may be good for planning as it relates to the Federal Reserve and interest rates, it does little to help financial planner help their clients plan for this extended phase of their client's financial life. “said H Craig Rappaport, creator of the Rappaport Retirement index.  
The Rappaport Retirement Index is a new inflation index for retirees released monthly to provide better financial planning replaces the CPI-U (Urban) as the main inflation tool.
Retirement Specialist and Accredited Wealth Management Advisor H Craig Rappaport, using statistical data and guidance provided by the Bureau of Labor and Statistics, releases the Rappaport Retirement Index.
For several decades, the baby boom generation has been preparing for retirement. The Rappaport Retirement Index is the first inflation index for financial planners, retirees and soon-to-be retirees needing to know how to plan and invest to create and accurately calculate their retirement income needs.
The Department of Labor has gathered inflation data for the elderly and calculated an inflation index for this group for over 25 years but does not release the results. It is called the Consumer Price Index for the Elderly. The Rappaport Retirement Index uses the data to calculate a forward looking and useful index for real people doing real planning and having to live with the consequences of their actions.
H Craig Rappaport, the author of Live Long Live Rich -Creating Your Retirement Paycheck and President of Rappaport Wealth Management, is available for interviews Specializing in retirement, Rappaport has appeared in the Wall Street Journal, Fox News, CNN Headline News, Bloomberg, The Dow Jones News Service as well as many television shows, magazines, newspapers and can be heard on the radio daily.

For questions or interviews: 1-610-293-8005 or at Craig@rappaportwealth.com
 
Securities offered through International Assets Advisory, LLC (“IAA”) – Member FINRA/SIPC. Advisory services offered through International Assets Investment Management, LLC (“IAIM”) –SEC RIA. Rappaport Wealth is unaffiliated with IAA and IAIM. 
The information contained herein is obtained from carefully selected sources believed to be reliable, but its accuracy or completeness is not guaranteed. This report is for informational purposes only and is not a solicitation or a recommendation that any particular investor should purchase or sell any particular security. All expressions of opinions are subject to change without notice and are those of Craig Rappaport.  Investing involves risk and you may

 

Rappaport Retirement Index 2022
Rappaport Retirement Index
April 2022 Release: Rappaport Retirement Index RRI

Consumers 62 years and older experienced benign inflation increases on both the month over month and year over year figures.
For 2013 the RRI YOY rose 1.62%
For 2014 the RRI YOY dropped 1.32 %
For 2015 the RRI YOY dropped 1%  
For 2016 the RRI YOY rose 2.33% 
For 2017 the RRI YOY rose 2.19% 
For 2018 the RRI YOY rose 2.05%
For 2019 the RRI YOY rose 2.39%
For 2020 the RRI YOY rose 1.48%
For 2021 the RRI YOY rose 6.27%
For April 2022 RRI YOY rose 7.45%


“Inflation for the Elderly delinked slightly in April form 7.55% in March to 7.45% is April.  For those on fixed incomes like seniors, slight drop masks a wider problem. . Food prices up 9.24%%, Housing up 6.39%, Evern more troublesome, Medical Care costs rising 2.81% year over year as inflationary pressures bleed into this pivotal area for those on fixed incomes.  Although still below the overall rate of inflation we can clearly see the affects rising input costs are having. That is a significant shift as expenses for seniors exploding to the upside now.   Those collecting Social Security saw their benefits rise 5.9% for 2022 which was good news but unfortunately did not keep up with inflation. Predictions that inflationary pressures will moderate seems like a long shot at this point especially with the Russia-Ukraine conflict adding additional pressures to the upside.”
The Rappaport Retirement Index chooses not to break out food and energy to provide a core rate. The purpose of the RRI is to provide planning and inflation and inflation data for the real world and last I checked, senior eat and drive around so although the core rate may be good for planning as it relates to the Federal Reserve and interest rates, it does little to help financial planner help their clients plan for this extended phase of their client's financial life. “said H Craig Rappaport, creator of the Rappaport Retirement index.  

The Rappaport Retirement Index is a new inflation index for retirees released monthly to provide better financial planning replaces the CPI-U (Urban) as the main inflation tool.
Retirement Specialist and Accredited Wealth Management Advisor H Craig Rappaport, using statistical data and guidance provided by the Bureau of Labor and Statistics, releases the Rappaport Retirement Index.
For several decades, the baby boom generation has been preparing for retirement. The Rappaport Retirement Index is the first inflation index for financial planners, retirees and soon-to-be retirees needing to know how to plan and invest to create and accurately calculate their retirement income needs.
The Department of Labor has gathered inflation data for the elderly and calculated an inflation index for this group for over 25 years but does not release the results. It is called the Consumer Price Index for the Elderly. The Rappaport Retirement Index uses the data to calculate a forward looking and useful index for real people doing real planning and having to live with the consequences of their actions.
H Craig Rappaport, the author of Live Long Live Rich -Creating Your Retirement Paycheck and President of Rappaport Wealth Management, is available for interviews Specializing in retirement, Rappaport has appeared in the Wall Street Journal, Fox News, CNN Headline News, Bloomberg, The Dow Jones News Service as well as many television shows, magazines, newspapers and can be heard on the radio daily.
For questions or interviews: 1-610-293-8005 or at Craig@rappaportwealth.com
 
Securities offered through International Assets Advisory, LLC (“IAA”) – Member FINRA/SIPC. Advisory services offered through International Assets Investment Management, LLC (“IAIM”) –SEC RIA. Rappaport Wealth is unaffiliated with IAA and IAIM. 
The information contained herein is obtained from carefully selected sources believed to be reliable, but its accuracy or completeness is not guaranteed. This report is for informational purposes only and is not a solicitation or a recommendation that any particular investor should purchase or sell any particular security. All expressions of opinions are subject to change without notice and are those of Craig Rappaport.  Investing involves risk and you may incur a profit or a loss. Please carefully consider investment objectives, risks, charges, and expenses before investing. Past performance may not be indicative of future results.
 

 

 

Rappaport Retirement Index 2022
Rappaport Retirement Index
March 2022 Release: Rappaport Retirement Index RRI

Consumers 62 years and older experienced benign inflation increases on both the month over month and year over year figures.
For 2013 the RRI YOY rose 1.62%
For 2014 the RRI YOY dropped 1.32 %
For 2015 the RRI YOY dropped 1%  
For 2016 the RRI YOY rose 2.33% 
For 2017 the RRI YOY rose 2.19% 
For 2018 the RRI YOY rose 2.05%
For 2019 the RRI YOY rose 2.39%
For 2020 the RRI YOY rose 1.48%
For 2021 the RRI YOY rose 6.27%

“Inflation for the Elderly skyrockets again in March. For those on fixed incomes like seniors, the pressure is enormous. Food prices up 8.62%, Housing up 6.28%, Transportation up 20.77%. Across the board expenses are choking seniors bank accounts. More troublesome, Medical Care costs rising 2.53% year over year as inflationary pressures bleed into this pivotal area for those on fixed incomes.  Although still below the overall rate of inflation we can clearly see the affects rising input costs are having. That is a significant shift as expenses for seniors exploding to the upside now.   Those collecting Social Security saw their benefits rise 5.9% for 2022 which was good news but unfortunately did not keep up with inflation. Predictions that inflationary pressures will moderate seems like a long shot at this point especially with the Russia-Ukraine conflict adding additional pressures to the upside.”
The Rappaport Retirement Index chooses not to break out food and energy to provide a core rate. The purpose of the RRI is to provide planning and inflation and inflation data for the real world and last I checked, senior eat and drive around so although the core rate may be good for planning as it relates to the Federal Reserve and interest rates, it does little to help financial planner help their clients plan for this extended phase of their client's financial life. “said H Craig Rappaport, creator of the Rappaport Retirement index.  
The Rappaport Retirement Index is a new inflation index for retirees released monthly to provide better financial planning replaces the CPI-U (Urban) as the main inflation tool.
Retirement Specialist and Accredited Wealth Management Advisor H Craig Rappaport, using statistical data and guidance provided by the Bureau of Labor and Statistics, releases the Rappaport Retirement Index.
For several decades, the baby boom generation has been preparing for retirement. The Rappaport Retirement Index is the first inflation index for financial planners, retirees and soon-to-be retirees needing to know how to plan and invest to create and accurately calculate their retirement income needs.
The Department of Labor has gathered inflation data for the elderly and calculated an inflation index for this group for over 25 years but does not release the results. It is called the Consumer Price Index for the Elderly. The Rappaport Retirement Index uses the data to calculate a forward looking and useful index for real people doing real planning and having to live with the consequences of their actions.
H Craig Rappaport, the author of Live Long Live Rich -Creating Your Retirement Paycheck and President of Rappaport Wealth Management, is available for interviews Specializing in retirement, Rappaport has appeared in the Wall Street Journal, Fox News, CNN Headline News, Bloomberg, The Dow Jones News Service as well as many television shows, magazines, newspapers and can be heard on the radio daily.
For questions or interviews: 1-610-293-8005 or at Craig@rappaportwealth.com
 
Securities offered through International Assets Advisory, LLC (“IAA”) – Member FINRA/SIPC. Advisory services offered through International Assets Investment Management, LLC (“IAIM”) –SEC RIA. Rappaport Wealth is unaffiliated with IAA and IAIM. 
The information contained herein is obtained from carefully selected sources believed to be reliable, but its accuracy or completeness is not guaranteed. This report is for informational purposes only and is not a solicitation or a recommendation that any particular investor should purchase or sell any particular security. All expressions of opinions are subject to change without notice and are those of Craig Rappaport.  Investing involves risk and you may incur a profit or a loss. Please carefully consider investment objectives, risks, charges, and expenses before investing. Past performance may not be indicative of future results.

 

 

Rappaport Retirement Index 2022

Rappaport Retirement Index

February 2022 Release: Rappaport Retirement Index RRI
Consumers 62 years and older experienced benign inflation increases on both the month over month and year over year figures.
For 2013 the RRI YOY rose 1.62%
For 2014 the RRI YOY dropped 1.32 %
For 2015 the RRI YOY dropped 1%  
For 2016 the RRI YOY rose 2.33% 
For 2017 the RRI YOY rose 2.19% 
For 2018 the RRI YOY rose 2.05%
For 2019 the RRI YOY rose 2.39%
For 2020 the RRI YOY rose 1.48%
For 2021 the RRI YOY rose 6.27%
For February 2022 RRI YOY rose 6.98%

“Inflation for the Elderly skyrockets again in February. For those on fixed incomes like seniors, the pressure is enormous. Food prices up 7.77%, Housing up 5.89%, Transportation up 19.06%. Across the board expenses are choking seniors bank accounts. More troublesome, Medical Care costs rising 2.20% year over year.  Although still below the overall rate of inflation we can clearly see the affects rising input costs are having. The year over year average increase just seven months ago was only .57%. That is a significant shift as expenses for seniors exploding to the upside now.   Those collecting Social Security saw their benefits rise 5.9% for 2022 which was good news but unfortunately did not keep up with inflation. Predictions that  inflationary pressures will moderate seems like a long shot at this point especially with the Russia-Ukraine conflict adding additional pressures to the upside.”

The Rappaport Retirement Index chooses not to break out food and energy to provide a core rate. The purpose of the RRI is to provide planning and inflation and inflation data for the real world and last I checked, senior eat and drive around so although the core rate may be good for planning as it relates to the Federal Reserve and interest rates, it does little to help financial planner help their clients plan for this extended phase of their client's financial life. “said H Craig Rappaport, creator of the Rappaport Retirement index.  
The Rappaport Retirement Index is a new inflation index for retirees released monthly to provide better financial planning replaces the CPI-U (Urban) as the main inflation tool.
Retirement Specialist and Accredited Wealth Management Advisor H Craig Rappaport, using statistical data and guidance provided by the Bureau of Labor and Statistics, releases the Rappaport Retirement Index.
For several decades, the baby boom generation has been preparing for retirement. The Rappaport Retirement Index is the first inflation index for financial planners, retirees and soon-to-be retirees needing to know how to plan and invest to create and accurately calculate their retirement income needs.
The Department of Labor has gathered inflation data for the elderly and calculated an inflation index for this group for over 25 years but does not release the results. It is called the Consumer Price Index for the Elderly. The Rappaport Retirement Index uses the data to calculate a forward looking and useful index for real people doing real planning and having to live with the consequences of their actions.
H Craig Rappaport, the author of Live Long Live Rich -Creating Your Retirement Paycheck and President of Rappaport Wealth Management, is available for interviews Specializing in retirement, Rappaport has appeared in the Wall Street Journal, Fox News, CNN Headline News, Bloomberg, The Dow Jones News Service as well as many television shows, magazines, newspapers and can be heard on the radio daily.

For questions or interviews: 1-610-293-8005 or at Craig@rappaportwealth.com
 
Securities offered through International Assets Advisory, LLC (“IAA”) – Member FINRA/SIPC. Advisory services offered through International Assets Investment Management, LLC (“IAIM”) –SEC RIA. Rappaport Wealth is unaffiliated with IAA and IAIM. 
The information contained herein is obtained from carefully selected sources believed to be reliable, but its accuracy or completeness is not guaranteed. This report is for informational purposes only and is not a solicitation or a recommendation that any particular investor should purchase or sell any particular security. All expressions of opinions are subject to change without notice and are those of Craig Rappaport.  Investing involves risk and you may incur a profit or a loss. Please carefully consider investment objectives, risks, charges, and expenses before investing. Past performance may not be indicative of future results.

 

Rappaport Retirement Index 2022
Rappaport Retirement Index

January 2022 Release: Rappaport Retirement Index RRI
Consumers 62 years and older experienced benign inflation increases on both the month over month and year over year figures.
For 2013 the RRI YOY rose 1.62%
For 2014 the RRI YOY dropped 1.32 %
For 2015 the RRI YOY dropped 1%  
For 2016 the RRI YOY rose 2.33% 
For 2017 the RRI YOY rose 2.19% 
For 2018 the RRI YOY rose 2.05%
For 2019 the RRI YOY rose 2.39%
For 2020 the RRI YOY rose 1.48%
For 2021 the RRI YOY rose 6.27%
For January 2022 RRI YOY rose 6.67%

“Inflation for the Elderly skyrockets again in January. For those on fixed incomes like seniors, the pressure is enormous. Food prices up 6.83%, Housing up 5.64%, Transportation up 18.62%. Across the board expenses choking seniors bank accounts. More troublesome, Medical Care costs rising 2.36% year over year.  Although still below the overall rate of inflation we can clearly see the affects rising input costs are having. The year over year average increase just six months ago was only .57%. That is a significant shift as expenses for seniors exploding to the upside now.   Those collecting Social Security will see their benefits rise 5.9% in 2022 so relief is on the way as long as inflationary pressure moderate but that seems like a long shot at this point.”

The Rappaport Retirement Index chooses not to break out food and energy to provide a core rate. The purpose of the RRI is to provide planning and inflation and inflation data for the real world and last I checked, senior eat and drive around so although the core rate may be good for planning as it relates to the Federal Reserve and interest rates, it does little to help financial planner help their clients plan for this extended phase of their client's financial life. “said H Craig Rappaport, creator of the Rappaport Retirement index.  
The Rappaport Retirement Index is a new inflation index for retirees released monthly to provide better financial planning replaces the CPI-U (Urban) as the main inflation tool.
Retirement Specialist and Accredited Wealth Management Advisor H Craig Rappaport, using statistical data and guidance provided by the Bureau of Labor and Statistics, releases the Rappaport Retirement Index.
For several decades, the baby boom generation has been preparing for retirement. The Rappaport Retirement Index is the first inflation index for financial planners, retirees and soon-to-be retirees needing to know how to plan and invest to create and accurately calculate their retirement income needs.
The Department of Labor has gathered inflation data for the elderly and calculated an inflation index for this group for over 25 years but does not release the results. It is called the Consumer Price Index for the Elderly. The Rappaport Retirement Index uses the data to calculate a forward looking and useful index for real people doing real planning and having to live with the consequences of their actions.
H Craig Rappaport, the author of Live Long Live Rich -Creating Your Retirement Paycheck and President of Rappaport Wealth Management, is available for interviews Specializing in retirement, Rappaport has appeared in the Wall Street Journal, Fox News, CNN Headline News, Bloomberg, The Dow Jones News Service as well as many television shows, magazines, newspapers and can be heard on the radio daily.

For questions or interviews: 1-610-293-8005 or at Craig@rappaportwealth.com
 
Securities offered through International Assets Advisory, LLC (“IAA”) – Member FINRA/SIPC. Advisory services offered through International Assets Investment Management, LLC (“IAIM”) –SEC RIA. Rappaport Wealth is unaffiliated with IAA and IAIM. 
The information contained herein is obtained from carefully selected sources believed to be reliable, but its accuracy or completeness is not guaranteed. This report is for informational purposes only and is not a solicitation or a recommendation that any particular investor should purchase or sell any particular security. All expressions of opinions are subject to change without notice and are those of Craig Rappaport.  Investing involves risk and you may incur a profit or a loss. Please carefully consider investment objectives, risks, charges, and expenses before investing. Past performance may not be indicative of future results.