Rappaport Retirement Index 2016 and Previous

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 November, 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 October, 2015 the RRI increased .2% with little signs of inflation in sight.

Year-Over-Year data ticked up slightly to .67%. The drop in transportation costs moderated 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 sight.

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 sight.

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

Rappaport 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 sight.

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 from last month's increase.

Year-Over-Year data also dropped to .41%. Another month-over-month increase in Transportation and a 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 from 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 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