Rappaport Retirement Index 2024

Rappaport Retirement Index 2024
Rappaport Retirement Index 2024

March 2024 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 2023 the RRI YOY rose 3,53%
For March 2024 RRI YOY rose 3.64%

“Inflation for seniors rose sharply for March coming in at 3.64% compared to 3.32% in February. UH OH!! Alarm bells are sounding. Last month four of the eight categories in our overall index rose, including Transportation, Medical Care, Recreation and Communications. This month 6 of 8 rose adding food to the previous list. This marks a notable turn in the inflation situation for seniors and not is a positive way. The 2023 increase of 8.7% in the Social Security Cost of Living Adjustment offset these rising costs for 2023 and more than offset the inflationary pressures for seniors during the year. 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
February 2024 Release: Rappaport Retirement Index RRI

“Inflation for seniors dropped slightly for February coming in at 3.32% compared to 3.37% in January. Alarm bells are sounding as four of the 8eight categories in our overall index rose including Transportation, Medical Care, Recreation and Communications. This marks a notable turn in the inflation situation for seniors and not is a positive way. The 2023 increase of 8.7% in the Social Security Cost of Living Adjustment offset these rising costs for 2023 and more than offset the inflationary pressures for seniors during the year. 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.

January 2024 Release: Rappaport Retirement Index RRI

“Inflation for seniors dropped slightly for January coming in at 3.37% compared to 3.53% in December.. The 2023 increase of 8.7% in the Social Security Cost of Living Adjustment offset these rising costs for 2023 and more than offset the inflationary pressures for seniors during the year. 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.

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Rappaport Retirement Index 2024