Rappaport Wealth Management
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