In calculating the Consumer Price Index (CPI), the government measures the change in prices of roughly 95,000 goods and services nationwide. The goods and services are divided into 8 major categories, which are:
- Housing (41%)
- Transportation (17%)
- Food and beverages (15%)
- Medical care (7%)
- Education and communication (6%)
- Recreation (6%)
- Apparel (4%)
- Other (4%)
About Robert Henderson and Lansdowne Wealth Management
Robert Henderson is the President of Lansdowne Wealth Management, an independent, fee-only advisory firm in Mystic, CT. His firm specializes in financial planning and investment management for retirement, with a special focus on the particular needs of women that are divorced or widowed. He is an Accredited Asset Management Specialist and a Certified Divorce Financial Analyst. Mr. Henderson can be reached at 860-245-5078 or email@example.com. You can also view his personal finance blog, The Retirement Workshop at http://lwmwealth.com/blog and the firm’s website at http://www.lwmwealth.com.
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