Rappaport Retirement Index 2023
Rappaport Retirement Index 2023
Rappaport Retirement Index 2023
Rappaport Retirement Index
December 2023 Release: Rappaport Retirement Index RRI
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 2022 the RRI YOY rose 6.83%
For December 2023 RRI YOY rose 3.53%
“Inflation for seniors was relatively flat for December coming in at 3.53% compared to 3.52% in November. The 2023 increase of 8.7% in the Social Security Cost of Living Adjustment offset these rising costs. The Social Security Administration announced an increase of 3.2% for 2024 which means the Fed has some work to do or pricing pressures will increase for seniors in the coming year but for now seniors are keeping pace. 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 2023
Rappaport Retirement Index
November 2023 Release: Rappaport Retirement Index RRI
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 2022 the RRI YOY rose 6.83%
For November 2023 RRI YOY rose 3.56%
“Inflation for seniors ticked lower again for November coming in at 3.52% compared to 3.56% in October. A rise in pricing pressures in Medical was more than offset by a drop in all other categories. The 2023 increase of 8.7% in the Social Security Cost of Living Adjustment offset these rising costs. The Social Security Administration announced an increase of 3.2% for 2024 which means the Fed has some work to do or pricing pressures will increase for seniors in the coming year. 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 2023
Rappaport Retirement Index
October 2023 Release: Rappaport Retirement Index RRI
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 2022 the RRI YOY rose 6.83%
For October 2023 RRI YOY rose 3.56%
“Inflation for seniors ticked lower again for October coming in at 3.56% compared to 3.94% in September. A rise in pricing pressures in Medical and Apparel was more than offset by a steep drop in Transportation costs as oil prices have remained on the decline. The 2023 increase of 8.7% in the Social Security Cost of Living Adjustment offset these rising costs. The Social Security Administration announced an increase of 3.2% for 2024 which means the Fed has some work to do or pricing pressures will increase for seniors in the coming year. 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 2023
Rappaport Retirement Index
September 2023 Release: Rappaport Retirement Index RRI
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 2022 the RRI YOY rose 6.83%
For September 2023 RRI YOY rose 3.94%
“Inflation for seniors ticked lower for September coming in at 3.94% compared to 4.03% in August. Declines in pricing pressures for Food, Housing, and Apparel were offset by a rise is Transportation and Recreation costs. The 2023 increase of 8.7% in the Social Security Cost of Living Adjustment offset these rising costs. The Social Security Administration announced an increase of 3.2% for 2024 which means the Fed has some work to do or pricing pressures will increase for seniors in the coming year. 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 2023
Rappaport Retirement Index 2023
Rappaport Retirement Index
August 2023 Release: Rappaport Retirement Index RRI
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 2022 the RRI YOY rose 6.83%
For August 2023 RRI YOY rose 4.03%
“Inflation for seniors ticked higher for August coming in at 4.03% compared to 3.85% in June. The slight declines in pricing pressures that were seen were more that offset by the rise is Transportation costs. Higher oil prices are expected to continue to put upwards pressure on inflation for seniors. Those collecting Social Security saw their benefits rise 5.9% for 2022 which was good news but inflation ran at a 7% rate in 2021 so the 5.9% COLA adjustment failed to meet seniors rising expense demand. The 2023 increase of 8.7% will help offset these rising costs and is now at a run rate above the current 4.03%."
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 2023
Rappaport Retirement Index
July 2023 Release: Rappaport Retirement Index RRI
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 2022 the RRI YOY rose 6.83%
For July 2023 RRI YOY rose 3.85%
“Inflation for seniors was flat for July coming in at 3.85% compared to 3.86% in June. Slight declines in pricing pressures were seen. In the end good news for seniors. Those collecting Social Security saw their benefits rise 5.9% for 2022 which was good news but inflation ran at a 7% rate in 2021 so the 5.9% COLA adjustment failed to meet seniors rising expense demand. The 2023 increase of 8.7% will help offset these rising costs. And is now at a run rate above the current 4.68%. The differential is expected to widen and that is indeed welcome news for seniors who have been pinching pennies to get by.”
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 2023
Rappaport Retirement Index
June 2023 Release: Rappaport Retirement Index RRI
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 2022 the RRI YOY rose 6.83%
For June 2023 RRI YOY rose 3.86%
“Inflation for seniors plunged again in June coming in at 3.86% compared to 4.68% in May. All Categories saw declines in pricing pressures. In the end good news for seniors. Those collecting Social Security saw their benefits rise 5.9% for 2022 which was good news but inflation ran at a 7% rate in 2021 so the 5.9% COLA adjustment failed to meet seniors rising expense demand. The 2023 increase of 8.7% will help offset these rising costs. And is now at a run rate above the current 4.68%. The differential is expected to widen and that is indeed welcome news for seniors who have been pinching pennies to get by.”
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 2023
Rappaport Retirement Index
May 2023 Release: Rappaport Retirement Index RRI
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 2022 the RRI YOY rose 6.83%
For May 2023 RRI YOY rose 4.68%
“Inflation for seniors dropped again in May coming in at 4.68% compared to 5.45% in April. Declines in Food/Beverage and Housing categories were offset somewhat by a rise in transportation costs. In the end good news for seniors. Those collecting Social Security saw their benefits rise 5.9% for 2022 which was good news but inflation ran at a 7% rate in 2021 so the 5.9% COLA adjustment failed to meet seniors rising expense demand. The 2023 increase of 8.7% will help offset these rising costs. And is now at a run rate above the current 4.68%. The differential is expected to widen and that is indeed welcome news for seniors who have been pinching pennies to get by.”
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 2023
Rappaport Retirement Index
April 2023 Release: Rappaport Retirement Index RRI
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 2022 the RRI YOY rose 6.83%
For April 2023 RRI YOY rose 5.66%
“Inflation for seniors held steady in April coming in at 5.46 compared to 5.66% in March. Declines in Food/Beverage and Housing categories were offset somewhat by a rise in transportation costs. In the end good news for seniors. Those collecting Social Security saw their benefits rise 5.9% for 2022 which was good news but inflation ran at a 7% rate in 2021 so the 5.9% COLA adjustment failed to meet seniors rising expense demand. The 2023 increase of 8.7% will help offset these rising costs. And is now at a run rate above the current 6.80%. The differential is expected to widen and that is indeed welcome news for seniors who have been pinching pennies to get by.”
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
March 2023 Release: Rappaport Retirement Index RRI
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 2022 the RRI YOY rose 6.83%
For March 2023 RRI YOY rose 5.66%
“Inflation for seniors declined significantly in March from 6.65% in February to 5.66% in March. . The largest drops in costs came in Transportation and Food and Beverage and Medical categories which is the same as in February. All good news for seniors. Those collecting Social Security saw their benefits rise 5.9% for 2022 which was good news but inflation ran at a 7% rate in 2021 so the 5.9% COLA adjustment failed to meet seniors rising expense demand. The 2023 increase of 8.7% will help offset these rising costs. And is now at a run rate above the current 6.80%. The differential is expected to widen and that is indeed welcome news for seniors who have been pinching pennies to get by.”
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 2023
Rappaport Retirement Index 2023
Rappaport Retirement Index
February 2023 Release: Rappaport Retirement Index RRI
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 2022 the RRI YOY rose 6.83%
For February 2023 RRI YOY rose 6.54%
“Inflation for seniors declined in February to 6.54%. This is a drop from last month's 6.80%. The largest drops in costs came in Transportation and Food and Beverage categories. Medical costs also dropped. All good news for seniors. Of the eight major categories, four declined in a significant way while the remained categories were largely flat. Those collecting Social Security saw their benefits rise 5.9% for 2022 which was good news but inflation ran at a 7% rate in 2021 so the 5.9% COLA adjustment failed to meet seniors rising expense demand. The 2023 increase of 8.7% will help offset these rising costs. And is now at a run rate above the current 6.80%. The differential is expected to widen and that is indeed welcome news for seniors who have been pinching pennies to get by.”
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 2023
Rappaport Retirement Index
January 2023 Release: Rappaport Retirement Index RRI
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 2022 the RRI YOY rose 6.83%
For January 2023 RRI YOY rose 6.80%
“Inflation for seniors declined in January to 6.80%. This is a drop from last month's 6.83% which is welcome news for seniors. Food, up 9.85%, housing up 8.21%, remain stubbornly high. Transportation costs also rose 5.32%. Medical costs also dropped to a year-over-year increase of 3.04%. Health care costs are expected to rise 7-8% for 2023 however. Those collecting Social Security saw their benefits rise 5.9% for 2022 which was good news but inflation ran at a 7% rate in 2021 so the 5.9% COLA adjustment failed to meet seniors rising expense demand. The 2023 increase of 8.7% will help offset these rising costs. And is now at a run rate above the current 6.80%. The differential is expected to widen and that is indeed welcome news for seniors who have been pinching pennies to get by.”
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.