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Articles related to focusing on healthy aging, prevention, mobility, cognition, nutrition, independence, and caregiving support.

Oct 23, 2025

6 min

What is the age limit for an immediate needs annuity?

While many financial products have strict age cutoffs, the eligibility rules for an immediate needs annuity are different. A key fact is that these plans focus less on a maximum age and more on an individual's medical requirement for immediate, long-term care, with a minimum age usually applying.

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Oct 21, 2025

4 min

Is an Annuity a Good Investment for an Elderly Person? Weighing Pros and Cons

According to a 2013 Gallup survey, approximately 14% of annuity purchasers are age 65 or older, highlighting a significant interest among seniors. Determining if an annuity is a good investment for an elderly person depends on their unique financial situation, risk tolerance, and goals, as these products offer both guaranteed income and significant drawbacks.

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