inflation - cpi rates

txdakini · 05-30-2007, 02:47 PM

Is there any particular place you all go to to find the last year's cpi rate or do you mostly use inflation rate when computing your next year's withdrawal amount? i've looked around online but am not finding just what I think I want, something that will tell me what last year's CPI rate was? I found an inflation calculator but since I used CPI in FIRECALC, thought I should use it in withdrawals as well? Any suggestions?

OAG · 05-30-2007, 02:50 PM

Bureau of Labor Statistics Home Page will get you more information on inflation than you will every need or maybe want.

OAG · 05-30-2007, 02:51 PM

Bureau of Labor Statistics Home Page will get you more information on inflation than you will every need or maybe want.

ziggy29 · 05-30-2007, 02:51 PM

Here's a one-stop shop for CPI figures: Consumer Price Index Home Page

Keep in mind that I don't know many people who don't think these stats way understate inflation...

FIRE'd@51 · 05-30-2007, 02:52 PM

Try this:

ftp://ftp.bls.gov/pub/special.requests/cpi/cpiai.txt

txdakini · 05-30-2007, 02:57 PM

Thank you F'IRED@51! That's exactly what I was looking for. The other two sites have tons of good information, but are heck to look through and actually find anything. I'd already been to both sites and finally just gave up.

I love this forum!

cute fuzzy bunny · 05-30-2007, 03:09 PM

Quote:

Originally Posted by ziggy29

Keep in mind that I don't know many people who don't think these stats way understate inflation...

Well it sort of depends on what you are. If you're an urban worker who rents and doesnt pay their own health care, it might be a pretty good number.

If you're an early retiree who owns a home and pays their own health care...maybe not so much.

Google "CPI Elderly" if you want to see the efforts to tailor an inflation gauge for retirees looks like...its a little tippy because it presumes you're elderly and are paying a lot extra for health care and whatnot than a younger ER type might.

ziggy29 · 05-30-2007, 03:12 PM

Quote:

Originally Posted by cute fuzzy bunny

Well it sort of depends on what you are. If you're an urban worker who rents and doesnt pay their own health care, it might be a pretty good number.

Especially if they walk to work and grow their own food.

txdakini · 05-30-2007, 03:20 PM

Thanks for the idea, cute fuzzy bunny.

do all of you actually look up some rate (CPI, inflation, etc.) each year and adjust your withdrawal, or is this fantasy a newbie thinks will work, but no body actually does?

05-30-2007, 02:47 PM	#1
txdakini Recycles dryer sheets Join Date: Jul 2006 Posts: 58	inflation - cpi rates Is there any particular place you all go to to find the last year's cpi rate or do you mostly use inflation rate when computing your next year's withdrawal amount? i've looked around online but am not finding just what I think I want, something that will tell me what last year's CPI rate was? I found an inflation calculator but since I used CPI in FIRECALC, thought I should use it in withdrawals as well? Any suggestions? __________________ Life is short and getting shorter. If not now, when?

05-30-2007, 02:50 PM	#2
OAG Thinks s/he gets paid by the post Join Date: Jun 2006 Location: Dublin, Ohio Posts: 1,821	Bureau of Labor Statistics Home Page will get you more information on inflation than you will every need or maybe want. __________________ Proud Vietnam Veteran: Cu Chi 66, 1/25th, HHC 25th and Pleiku 66-67 41st Sig Bn 1st STRATCOM

05-30-2007, 02:51 PM	#3
OAG Thinks s/he gets paid by the post Join Date: Jun 2006 Location: Dublin, Ohio Posts: 1,821	Bureau of Labor Statistics Home Page will get you more information on inflation than you will every need or maybe want. __________________ Proud Vietnam Veteran: Cu Chi 66, 1/25th, HHC 25th and Pleiku 66-67 41st Sig Bn 1st STRATCOM

05-30-2007, 02:51 PM	#4
ziggy29 Thinks s/he gets paid by the post Join Date: Oct 2005 Location: Texas Hill Country Posts: 2,377	Here's a one-stop shop for CPI figures: Consumer Price Index Home Page Keep in mind that I don't know many people who don't think these stats way understate inflation... __________________ FIRE Clock: Retired. Since it feels like I'll never be now. waiting for the government to privatize the gains and socialize my losses in my 401K...

05-30-2007, 02:57 PM	#6
txdakini Recycles dryer sheets Join Date: Jul 2006 Posts: 58	inflation - cpi Thank you F'IRED@51! That's exactly what I was looking for. The other two sites have tons of good information, but are heck to look through and actually find anything. I'd already been to both sites and finally just gave up. I love this forum! __________________ Life is short and getting shorter. If not now, when?

05-30-2007, 02:52 PM	#5
FIRE'd@51 Thinks s/he gets paid by the post Join Date: Aug 2006 Posts: 1,053	Try this: ftp://ftp.bls.gov/pub/special.requests/cpi/cpiai.txt

05-30-2007, 03:20 PM	#9
txdakini Recycles dryer sheets Join Date: Jul 2006 Posts: 58	inflation - cpi Thanks for the idea, cute fuzzy bunny. do all of you actually look up some rate (CPI, inflation, etc.) each year and adjust your withdrawal, or is this fantasy a newbie thinks will work, but no body actually does? __________________ Life is short and getting shorter. If not now, when?

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