![]() Your clients should consider their individual situation, including time horizon, risk tolerance, investment objectives and the need for an annuity before investing. Your clients’ individual circumstances may vary. The outcomes presented by the Proposed Gap Solution are provided for informational purposes and are not intended as investment advice or a recommendation. Results may vary with each use and over time. This tool is for illustrative purposes only and is not representative of the past or future performance of any Jackson product. IMPORTANT: The outcomes displayed in the Proposed Gap Solution are hypothetical in nature, do not reflect an individual's actual investment results and are not a guarantee of future results. The general inflation rate is calculated by averaging yearly inflation rates, as published by BLS4 over a 22-year period. In other cases where a negative inflation rate is returned, a general inflation rate of 2.24% is used. The subcategory inflation values are calculated by taking a 22-year average of the percentage change in prices as published by the Bureau of Labor Statistics Consumer Price Index for All Urban Consumers report4.įor cases where the average inflation rate over the 22-year period results in a value significantly higher than other categories, the period is extended to a 54-year period. The weighted inflation values are then averaged together to make a category weighted inflation factor. The weighted inflation factor is calculated first by adjusting each subcategory inflation value based on the weight of the estimated subcategory expense value to the total category estimated expense value. The PCE index tracks changes in price levels and consumer behaviors at the state and national level and is calculated annually. ![]() Personal Consumption Expenditures price index (PCEPI)3 2021 was the last year data was collected. It represents an average value over a 39-year period from 1983 to 2021. The CPI-E takes into account spending behaviors in households with a member age 62 or above. The RPP determines the inputted state’s purchasing power by weighing its average price level of goods and services against other states' averages.Ĭonsumer Price Index for the Elderly (CPI-E)2 ![]()
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