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May is Older Americans Month, and it is a great time to take pause and remember to respect our elders.  We all know that older generations have a wealth of experience and that our own successes and accomplishments are built on the backs of their work and efforts.  However, many of us may forget to actively acknowledge and show our gratitude to the seniors in our lives. 

As people are living longer, there are more and more seniors in America. Today, there are more than 46 Million Americans that are 65 years old or older, and that number is expected to increase to 98 Million by 2060.1  A few decades ago attaining the age of 65 might have been considered old, but today’s seniors are active and vibrant, living full lives with their families and friends. Many American’s find that their biggest need in the later years of their life is a sustainable source of income to meet their needs.

Fixed Indexed Annuities and Guaranteed Withdrawal Benefit riders are unique retirement planning and savings vehicles that allow for accumulation of savings and a guaranteed stream of retirement income that can help people live the active lifestyles they desire in their later years.2

Make it a point this May to acknowledge Older Americans Month, and thank some of the seniors in your life that have played a role in helping you get to where you are today.  In addition, remember that someday down the road you too will be a senior, so make plans today to live the life you want tomorrow.


1Population Reference Bureau.  January, 2016.  Retrieved from

2Indexed annuities have surrender charges that are assessed during the early years of the contract if the annuity is surrendered. In addition, withdrawals prior to age 59 ½ may be subject to a 10% Federal Tax Penalty. Indexed annuities do not directly participate in any stock or equity investments. Guarantees are dependent on the claims paying ability of the issuing company.