Rappaport Retirement Index 2018

Rappaport Retirement Index

DECEMBER 2018 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 2016 the RRI YOY rose 2.33%
For 2017 the RRI YOY rose 2.19%
For 2018 the RRI YOY rose 2.05%
For December 2018, the RRI rose 2.05%

“Inflationary pressures decreased coming in at 2.05% versus 2.24 percent for November. Transportation costs came down dramatically due to the lower price oil and accounted for almost all the downside. All other areas came in on tend an nothing stands out as remarkable. Also we continue to see low levels of inflationary pressures in Medical Care which rose only 1.82%. Housing costs were above trend at 2.98%. 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 clients 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

Rappaport Retirement Index

November 2018 Release: Rappaport Retirement Index RRI

November 2018 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 2016 the RRI YOY rose 2.33% for the year.

For 2017 the RRI YOY rose 2.19% year-over-year.

For November 2018, the RRI rose 2.24%

“Inflationary pressures decreased coming in at 2.24% versus 2.47 percent for October. Transportation costs came down dramatically due to the lower price oil and accounted for almost all the downside. All other areas came in on tend an nothing stands out as remarkable. Also we continue to see low levels of inflationary pressures in Medical Care which rose only 1.94%. 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 clients 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.

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 2018 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 2016 the RRI YOY rose 2.33% for the year.
For 2017 the RRI YOY rose 2.19% year-over-year.
For October 2018, the RRI rose 2.47%

“Inflationary pressures increased breaking a three month down cycle coming in at 2.47% versus 2.34% for September. Transportation costs rose sharply up 5% on higher gasoline prices. Rents were also higher and these two areas accounted for almost all of the gain. We continue to see low levels of inflationary pressures in Medical Care which rose only 1.65%. The Rappaport Retirement Index choses not to break out food and energy to provide a core rate. The purpose of the RRI is to provide planning and inflation data for the real world and last I checked, seniors 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 planners help their clients plan for this extended phase of their clients financial life. “ said H Craig Rappaport, creator of the Rappaport Retirement index.

Rappaport Retirement Index

September 2018 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 2016 the RRI YOY rose 2.33% for the year.

For 2017 the RRI YOY rose 2.19% year-over-year.

For September 2018, the RRI rose 2.67%

“Inflationary pressures dropped for the third month in a row in to 2.34% vs 2.67%. Transportation costs moderated to a rise of 3.63% but that was down significantly from the prior month. Also we continue to see low levels of inflationary pressures in Medical Care which rose only 1.74%. So after six straight months of increasing inflation, we see back to back to back drops.” 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.

For questions or interviews: 1-610-293-8005 or at Craig@rappaportwealth.com

Rappaport Retirement Index

AUGUST 2018 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 2016 the RRI YOY rose 2.33% for the year.
For 2017 the RRI YOY rose 2.19% year-over-year.
For August 2018, the RRI rose 2.67%

“Inflationary pressures dropped for the second month in a row in to 2.67% vs 2.87%. Two items stand out. Transportation prices rose 5.77% as gasoline prices continue top rise. Also we continue to see low levels of inflationary pressures in Medical Care which rose only 1.6%. So after six straight months of increasing inflation, we see back to back drops.” said H Craig Rappaport, creator of the Rappaport Retirement index.

Rappaport Retirement Index

July 2018 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 2016 the RRI YOY rose 2.33% for the year.
For 2017 the RRI YOY rose 2.19% year-over-year.

For July 2018, the RRI rose 2.87%

“Inflationary pressures dropped in July to 2.87% vs 2.95%. Housing costs have moderated although still elevated but another spike in transportation prices rising 6.52% was the main driver. The bottom line is that inflation is showing up everywhere but especially in transportation due to an increase in gasoline prices. Inflation for seniors has accelerated at the greatest pace in six years and remains a threat to the buying power of seniors. ” said H Craig Rappaport, creator of the Rappaport Retirement index.

Rappaport Retirement Index

June 2018 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 2016 the RRI YOY rose 2.33% for the year.
For 2017 the RRI YOY rose 2.19% year-over-year.

For June 2018, the RRI rose 2.95%

“Inflationary pressures skyrocketed for the second month in a row to 2.95% vs 2.75% as inflation kicks into high gear. An increase in housing costs helped move the index higher but a spike in transportation prices rising 5.52% was the main driver. The bottom line is that inflation is showing up everywhere and that will not bode well for seniors. Inflation for seniors has accelerated at the greatest pace in six years marks the largest year-over-year increase since Feb. 2012. ” said H Craig Rappaport, creator of the Rappaport Retirement index. “ The RRI index has increased every month for 2018”.

Rappaport Retirement Index

May 2018 Release: Rappaport Retirement Index RRI

May 2018 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 2016 the RRI YOY rose 2.33% for the year.

For 2017 the RRI YOY rose 2.19% year-over-year.

For May 2018, the RRI rose 2.75%

“Inflationary pressures skyrocketed this past month to 2.75% vs 2.46% as inflation kicks into high gear. An increase in housing costs helped move the index higher but a spike in gasoline prices rising 5.26% was the main driver. With oil spiking on geopolitical concerns this component will have greater influence over the short term. The bottom line is that inflation is showing up everywhere and that will not bode well for seniors. Inflation for seniors has accelerated at the greatest pace in six years and marks the largest year-over-year increase since Feb. 2012. ” said H Craig Rappaport, creator of the Rappaport Retirement index. “ The RRI index has increased every month for 2018”.

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.

For questions or interviews: 1-610-293-8005 or at Craig@rappaportwealth.com

Rappaport Retirement Index

April 2018 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 2016 the RRI YOY rose 2.33% for the year.

For 2017 the RRI YOY rose 2.19% year-over-year.

For April 2018, the RRI rose 2.46%

“Inflationary pressures ticked higher this past month to 2.46% vs 2.38% and signs are emerging that inflation is starting to become more worrisome. An increase in housing costs helped move the index higher but a spike in transportation rising 3.68% was the main driver. With oil spiking on geopolitical concerns this component will have greater influence over the short term. The bottom line is that inflation is showing up everywhere and that will not bode well for seniors.” said H Craig Rappaport, creator of the Rappaport Retirement index. “ The RRI index has increased every month for 2018”.

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.

For questions or interviews: 1-610-293-8005 or at Craig@rappaportwealth.com

Rappaport Retirement Index

March 2018 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 2016 the RRI YOY rose 2.33% for the year.
For 2017 the RRI YOY rose 2.19% year-over-year.
For March 2018, the RRI rose 2.38%

“Inflationary pressures ticked higher this past month to 2.38% vs 2.24% and signs are emerging that inflation is starting to become more worrisome. An increase in housing costs helped move the index higher but a spike in transportation rising 3.46% was the main driver. All this with a decline of 4.9% in gasoline prices. With oil ticking higher, this decline should be eliminated in the next report. The bottom line is that inflation is showing up everywhere and that will not bode well for seniors.” said H Craig Rappaport, creator of the Rappaport Retirement index.

Rappaport Retirement Index

February 2018 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 2016 the RRI YOY rose 2.33% for the year.
For 2017 the RRI YOY rose 2.19% year-over-year.
For February 2018, the RRI rose 2.24%

“Inflationary pressures ticked higher this past month to 2.24% vs 2.17%. But are not at this time running above trend. Most items were in line with expectations with a tick up is gasoline prices accounting for most of the gain. There continues to be an anomaly in the numbers as communication costs dropped 2.34% due to a new calculation method. said ” H Craig Rappaport, creator of the Rappaport Retirement index. “This continues to skew the index and should normalize is March.”

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

January 2018 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 2016 the RRI YOY rose 2.33% for the year.
For 2017 the RRI YOY rose 2.19% year-over-year.
For January 2018, the RRI rose 2.17%

“Inflationary pressures ticked lower this past month to 2.17% vs 2.25%. But are not at this time running above trend. Most items were in line with expectations with a tick up is gasoline prices and housing accounting for most of the gain. There continues to be an anomaly in the numbers as communication costs dropped 2.04% due to a new calculation method. said ” H Craig Rappaport, creator of the Rappaport Retirement index. “This continues to skew the index and should normalize is March.”

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.

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Rappaport Retirement Index 2018