Rappaport Retirement Index 2016 and Previous
Rappaport Retirement Index
December 2016 Release: Rappaport Retirement Index RRI
December 2016 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 registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For 2015 the RRI YOY dropped to 1% for the year.
For December, 2016, the RRI rose 2.33% year-over-year.
“Inflationary pressures for seniors remain above trend and increased this month rising to 2.33% vs 2.01% but are still are not a threat to this vulnerable segment of the population. Medical costs continue to be the biggest issue. Medical costs rose 4.02% for the month followed by housing which rose 3.07% for the month. Transportation costs were also above trend at 2.56%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
Rappaport Retirement Index
November 2016 Release: Rappaport Retirement Index RRI
November 2016 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 registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For 2015 the RRI YOY dropped to 1% for the year.
For November, 2016, the RRI rose 2.01% year-over-year.
“Inflationary pressures for seniors remain above trend but at 2.01% are not a threat to this vulnerable segment of the population. Medical costs continue to be the biggest issue. Medical costs rose 3.94% for the month followed by housing which rose 2.92% for the month, 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
Rappaport Retirement Index
October Release: Rappaport Retirement Index RRI
October 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 registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For 2015 the RRI YOY dropped to 1% for the year.
For October, 2016, the RRI rose 1.95% year-over-year.
“Inflationary pressures increased for the third month in a row to 1.85%. That is now a trend that retirees on a fixed income should be concerned about. Not only did we have another 4.24% increase in medical costs year-over-year, Housing costs increased by 2.88% on top of that. Two items affecting seniors most. The most troubling aspect of this for the elderly is this number is before the recent increase in health care premiums. For those on a fixed income the writing is on the wall, things are going to get tight, and soon. ” 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
Rappaport Retirement Index
September Release: Rappaport Retirement Index RRI
September 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 registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For 2015 the RRI YOY dropped to 1% for the year.
For September, 2016, the RRI rose 1.85% year-over-year.
“Inflationary pressures increased sharply for the second month in a row to 1.85%. That is back to back increases that we have not seen in quite some time. Not only did we have another 4.76% increase in medical costs year-over-year, Housing costs increased by 2.49% on top of that. The most troubling aspect of this for the elderly is this number is before the recent increase in premiums. For those on a fixed income the writing is on the wall, things are going to get tight, and soon. ” 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
Rappaport Retirement Index
August Release: Rappaport Retirement Index RRI
August 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 registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For 2015 the RRI YOY dropped to 1% for the year.
For August, 2016, the RRI rose 1.52% year-over-year.
“Inflationary pressures increased for the elderly in August to 1.52%. That is a sharper increase than we’ve seen in previous months. It boils down to one thing, a sharp increase in medical costs. Medical costs skyrocketed 4.7% year over year. The most troubling aspect of this for the elderly is this number is before the recent increase in premiums. The elderly are taking it on the chin.” 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
Rappaport Retirement Index
July Release: Rappaport Retirement Index RRI
July 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 registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For 2015 the RRI YOY dropped to 1% for the year.
For July, 2016, the RRI rose 1.27% year-over-year.
“Inflationary pressures for the elderly declined for the third straight month in July. this month with small moves in almost all individual categories. A large drop in oil prices caused the Transportation section of the Index to decline offsetting a small rise in medical costs. Overall, inflationary pressures for the elderly are not increasing at a moderate pace.” 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
Rappaport Retirement Index
June Release: Rappaport Retirement Index RRI
June 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 registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For 2015 the RRI YOY dropped to 1% for the year.
For June, 2016, the RRI rose 1.38% year-over-year.
“Inflationary pressures for the elderly moderated this month with small moves in almost all individual categories but with one noticeable change. Although continued rebound in oil prices is putting moderate upside pressure on the index overall and at this time not a concern for seniors, there was a noticeable uptick in almost all other categories.” H Craig Rappaport, creator of the Rappaport Retirement index. “ This is something we will be keeping a close eye on to see if this is the beginning of a new trend”.
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
Rappaport Retirement Index
May Release: Rappaport Retirement Index RRI
May 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 registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For 2015 the RRI YOY dropped to 1% for the year.
For May, 2016, the RRI rose 1.43% year-over-year.
“Inflationary pressures for the elderly moderated this month with small moves in almost all individual categories except transportation. Transportation saw a 1.49% increase by far the largest move within the index. The continued rebound in oil prices putting moderate upside pressure on the index overall and at this time not a concern for seniors.” 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
Rappaport Retirement Index
April 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 registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For 2015 the RRI YOY dropped to 1% for the year.
For April, 2016, the RRI rose 1.61% year-over-year.
Back to back large increases in Medical costs, this month's YOY of 2.99% caused a jump in the inflation index for seniors. Housing costs also jumped 2.14%. Transportation costs begin to push the index higher.
“Inflation took a sharp negative turn for the elderly increasing at a faster pace as compared with consumers across the board. Medical costs are rising quickly and the recent rise in oil prices put upwards pressure on the RRI and inflation for the elderly. This trend will continue as the spike up in oil prices continues. The lack of an increase in social security payments are not offsetting larger increases in costs for the elderly.” said H Craig Rappaport, creator of the Rappaport Retirement Index and the President of Rappaport Wealth Management. “The continue rise in medical costs and now especially oil prices will have a negative effect on the index and the future spending habits of the elderly consumer.”
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
March 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 registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For 2015 the RRI YOY dropped to 1% for the year.
For March, 2016, the RRI rose 1.41% year-over-year.
A large increase in Medical costs of 3.27% caused a jump in the inflation index for seniors. Housing costs also jumped 2.17%. Transportation costs remain subdued as do inflationary pressures for other categories.
“For the first time in months Inflation increases for the elderly increase at a faster pace as compared with consumers across the board. Medical costs are rising quickly and the recent rise in oil prices will put upwards pressure on the RRI and inflation for the elderly in coming months. The lack of an increase in social security payments are not offsetting larger increases in costs for the elderly.” said H Craig Rappaport, creator of the Rappaport Retirement Index and the President of Rappaport Wealth Management. “The continue rise in medical costs especially and oil prices will have a negative effect on the index and the future spending habits of the elderly consumer.”
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
February 2016 Release: Rappaport Retirement Index RRI
Consumers 62 years and older experienced the largest increase in inflation year over year.
For 2013 the RRI YOY registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For 2015 the RRI YOY dropped to 1.00% for the year.
For February the RRI YOY 2016 rose 1.33% for seniors.
“A moderating in the increase in oil prices fueled a year over year drop in overall transportation costs but a more troubling development is developing.” said H Craig Rappaport, creator of the Rappaport Retirement Index and the President of Rappaport Wealth Management. “Medical costs have always been the largest driver of costs for seniors and is the part of the RRI that consistently increases year over year and month over month. However, the trend of increases is accelerating. The YOY increase in medical costs for seniors rose 3.47%. Much Higher than the rate of inflation and with the zero increase in social security benefits for 2016, the component will have a negative effect on the index for 2016 and the large year over year increase in medical costs will put pressure on senior's pocket books and future the spending habits of the elderly consumer.”
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 book serires 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
January 2016 Release: Rappaport Retirement Index RRI
January 2016 Release: Rappaport Retirement Index RRI
Consumers 62 years and older experienced the largest increase in inflation year over year.
For 2013 the RRI YOY registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For 2015 the RRI YOY dropped to 1.00% for the year.
For January the RRI YOY 2016 rose 1.58% for seniors.
“A recent uptick in oil prices erased the recent drop in Transportation costs and is proving to be a negative development for seniors on a fixed income.” said H Craig Rappaport, creator of the Rappaport Retirement Index and the President of Rappaport Wealth Management. “The continue rise in oil prices will have a negative effect on the index for 2016 and the large year over year increase in medical costs will put pressure on senior's pocket books and future the spending habits of the elderly consumer.”
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
December 2015 Release: Rappaport Retirement Index RRI
December Release: Rappaport Retirement Index RRI
Consumers 62 years and older experienced the largest increase in inflation year over year.
For 2013 the RRI YOY registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For 2015 the RRI YOY dropped to 1.00% for the year.
A large drop in Transportation costs was the reason inflation for seniors remained benign in 2015. However, the volatility of that number has already shown signs of reversing to the upside and that benefit may prove to be costly for seniors in 2016. “Inflation increases for the elderly remain in line and in check with consumers across the board. The small increase in social security payments are not, at this time, being offset by larger increases in costs for the elderly.” said H Craig Rappaport, creator of the Rappaport Retirement Index and the President of Rappaport Wealth Management. “The continue rise in oil prices will have a negative effect on the index for 2016 and the large year over year increase in medical costs will put pressure on senior's pocket books and future spending habits of the elderly consumer.”
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
Rappaport Retirement Index
November 2015 Release: Rappaport Retirement Index RRI
Consumers 62 years and older experienced benign inflationary pressures increases on both the month-over-month and year-over -year figures.
For 2013 the RRI YOY registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For September, 2015 the RRI increased a scant .15%.
Year-Over-Year data rose to .91%.
A moderation in the decline in energy costs was offset by other increases in medical costs resulting in a slight increase in the year-over-year data.
“Lower energy prices has continued to give seniors room to absorb costs in other expenditures.” said H Craig Rappaport, creator of the Rappaport Retirement Index and President of Rappaport Wealth Management. “With no increases in Social Security payments and low interest rates seniors are catching a break as increased costs have slowed month-over-month and year-over-year. ”
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
Rappaport Retirement Index
October 2015 Release: Rappaport Retirement Index RRI
Consumers 62 years and older experienced benign inflationary pressures increases on both the month-over-month and year-over -year figures.
For 2013 the RRI YOY registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For September, 2015 the RRI increased .2% with little signs of inflation in site.
Year-Over-Year data ticked up slighly to .67%.
The drop in transportation costs mopderated this month and was offset by other increases.
“The continued collapse in energy prices has continued to give seniors room to absorb costs in other expenditures.” said H Craig Rappaport, creator of the Rappaport Retirement Index and President of Rappaport Wealth Management. “With no increases in Social Security payments and low interest rates seniors are catching a break as increased costs have slowed month-over-month and year-over-year. ”
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
Rappaport Retirement Index
September 2015 Release: Rappaport Retirement Index RRI
Consumers 62 years and older experienced benign inflationary pressures increases on both the month-over-month and year-over -year figures.
For 2013 the RRI YOY registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For September, 2015 the RRI increased a scant .1% for the second month in a row with little signs of inflation in site.
Year-Over-Year data dropped to .47%.
A drop in transportation costs fueled by a collapse in oil prices was not offset by other increases resulting in the index scoring its smallest increase to date. Benign readings in other areas resulted in a slight drop in inflation for September.
“The continued collapse in energy prices has continued to give seniors room to absorb costs in other expenditures.” said H Craig Rappaport, creator of the Rappaport Retirement Index and President of Rappaport Wealth Management. “With no increases in Social Security payments and low interest rates seniors are catching a break as increased costs have slowed month-over-month and year-over-year. ”
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
Rappaport Retirement Index
August 2015 Release: Rappaport Retirement Index RRI
Consumers 62 years and older experienced benign but increased inflationary pressures increases on both the month-over-month and year-over -year figures.
For 2013 the RRI YOY registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For August , 2015 the RRI increased a scant .1% with little signs of inflation in site.
Year-Over-Year data remains at .67%.
A drop in transportation costs was not offset by other increases resulting in the index scoring its smallest increase to date. Benign readings in other areas resulted in a slight drop in inflation for July.
“The continued drop in energy prices has given seniors room to absorb costs in other expenditures.” said H Craig Rappaport, creator of the Rappaport Retirement Index and President of Rappaport Wealth Management. “With no increases in Social Security payments and low interest rates seniors are catching a break as increased costs have slowed month-over-month and year-over-year. ”
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
appaport Retirement Index
July 2015 Release: Rappaport Retirement Index RRI
Consumers 62 years and older experienced benign but increased inflationary pressures increases on both the month-over-month and year-over -year figures.
For 2013 the RRI YOY registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For July, 2015 the RRI increased a scant .06% which is a large drop from last month's reading with no inflation in site.
Year-Over-Year data rose to .67%.
A drop in transportation costs was not offset by other increases resulting in the index scoring its smallest increase to date. Benign readings in other areas resulted in a slight drop in inflation for July.
“The continued drop in energy prices has given seniors room to absorb costs is other expenditures.” said H Craig Rappaport, creator of the Rappaport Retirement Index and President of Rappaport Wealth Management. “With no increases in Social Security payments expected and low interest rates seniors are catching a break as increased costs have slowed month-over-month and year-over-year. ”
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
Rappaport Retirement Index
June 2015 Release: Rappaport Retirement Index RRI
Consumers 62 years and older experienced benign but increased inflationary pressures increases on both the month-over-month and year-over -year figures.
For 2013 the RRI YOY registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For June, 2015 the RRI increased a scant .39% which is a drop from last month's reading.
Year-Over-Year data rose to .62%.
Another large month-over-month increase in Transportation costs was offset by a drop in both Medical Care costs and a drop in apparel prices. Benign readings in other areas resulted in a slight drop in inflation for June.
“The continued drop in energy prices has given seniors room to absorb costs is other expenditures.” said H Craig Rappaport, creator of the Rappaport Retirement Index and President of Rappaport Wealth Management. “With small increases in Social Security payments and low interest rates seniors will begin to struggle more and more to meet the demands that higher costs will place on their budgets.”
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
Rappaport Retirement Index
May 2015 Release: Rappaport Retirement Index RRI
Consumers 62 years and older experienced benign but increased inflationary pressures increases on both the month-over-month and year-over -year figures.
For 2013 the RRI YOY registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For May, 2015 the RRI increased a scant .46% which doubled the increase for April. .
Year-Over-Year data rose to .45%.
Another large month-over-month increase in Transportation costs coupled with a smaller increase in costs for Medical Care failed to be offset by benign readings in other areas putting pressure on the balance sheets of the elderly.
The 10.7 percent increase in gasoline prices is most likely the tipping point for inflationary pressures for seniors. The core CPI data does not reflect the pressures that such increases place on the wallets of seniors and therefore irrelevant for planning purposes.” said H Craig Rappaport, creator of the Rappaport Retirement Index and President of Rappaport Wealth Management. “With small increases in Social Security payments and low interest rates seniors will begin to struggle more and more to meet the demands that higher costs will place on their budgets.”
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
April 2015 Release: Rappaport Retirement Index RRI
Consumers 62 years and older experienced benign but increased inflationary pressures increases on both the month-over-month and year-over -year figures.
For 2013 the RRI YOY registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For April, 2015 the RRI increased a scant .24% which was a drop form last month's increase.
Year-Over-Year data also dropped to .41%.
Another month-over-month increase in Transportation large increase in costs for Medical Care were offset by benign inflation data recorded in other goods and services.
“The year-over-year data showed some more interesting trends. Inflation data saw large increases in the Food and Beverage Category and Housing costs as rents have increased. said H Craig Rappaport, creator of the Rappaport Retirement Index and President of Rappaport Wealth Management. The overall year-over-year index was held down by a huge drop in the Transportation category which is down better than 8% due to the drop in oil prices. We have seen that reverse somewhat so we expect, with oil prices ticking 2015 highs, to see the increases in the RRI accelerate.”
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
March Release: Rappaport Retirement Index RRI
Consumers 62 years and older experienced benign but increased inflationary pressures increases on both the month-over-month and year-over -year figures.
For 2013 the RRI YOY registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For March 2015 the RRI increased .51% which was an uptick form last month's increase.
Year-Over-Year data also showed a reversal in the trend with year over year data also increasing by .45%.
A large increase in Transportation costs and a smaller but notable increase in Apparel were the driving forces behind the increase. That was offset a small increases in every other category.
“Inflation increases for the elderly remain in line and in check with consumers across the board. The small increase in social security payments are not, at this time, being offset by larger increases in costs for the elderly.” said H Craig Rappaport, creator of the Rappaport Retirement Index and the President of Rappaport Wealth Management. “The continue rise in oil prices will have a negative effect on the index and perhaps the future spending habits of the elderly consumer. With oil prices ticking 2015 highs expect to see the increases in the RRI accelerate.”
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
February 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 registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For February 2015 the RRI increased .53% matching January's lowest increase in nearly a decade.
A large increase in Transportation costs and a smaller but notable increase in Apparel recaptured last month's decline in each category. That was offset a small increases in every other category.
“Inflation increases for the elderly remain in line and in check with consumers across the board. The small increase in social security payments are not, at this time, being offset by larger increases in costs for the elderly.” said H Craig Rappaport, creator of the Rappaport Retirement Index and the President of Rappaport Wealth Management. “The continue rise in oil prices will have a negative effect on the index and begin to take its toll on the spending habits of the elderly consumer."
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
January 2015 Release: Rappaport Retirement Index
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 registered a 1.62 percent increase in prices for consumers age 62 and older.
For 2014 the RRI YOY dipped to 1.32 percent with the average YOY ending at 1.8%.
For January 2015 the RRI increased .53%. The lowest January YOY increase in a nearly a decade.
A large drop in Transportation costs and a smaller but notable drop in Apparel offset a small increase in Medical care.
“Inflation increases for the elderly remain in line and in check with consumers across the board. The small increase in social security payments are not, at this time, being offset by larger increases in costs for the elderly.” said H Craig Rappaport, creator of the Rappaport Retirement Index and the President of Rappaport Wealth Management.
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