AAG Celebrates National Older Americans Month with Senior Name Study
In honor of National Older Americans Month, American Advisors Group (AAG), the leading provider of home equity solutions for retirement, analyzed data of more than 28,000 customers over a three year period to find the most popular names among U.S. men and women age 62 and older.
After the results were tallied, Robert “Bob” and Mary led the list of most popular names among older Americans. The average age among seniors used in the study was 74 with the youngest individual being 62 and the oldest being 101 years old.
“Our entire customer base is comprised of older Americans, which gives us one of the largest senior citizen-based databases in the nation,” said Austen Verst, AAG Chief Strategy Officer. “And with the 2020 national census just around the corner, we thought it would be a perfect time to put names behind the numbers.”
All of AAG’s products and services are focused around helping older Americans use available financial solutions to retire better. AAG conducted the Most Popular Senior Citizen Names Study in celebration of the 2019 National Older Americans Month. Every year, the Administration for Community Living (ACL) recognizes May as National Older Americans month to help encourage elderly Americans to engage with their local community.
AAG is dedicated to helping older Americans find new ways to fund a better retirement through the responsible use of home equity. As the nation’s leader in reverse mortgage lending, AAG offers a suite of home equity solutions — including federally-insured Home Equity Conversion Mortgages, traditional and proprietary mortgages, and real estate services — that are designed to give seniors a better financial outcome in retirement. AAG is a proud member of the National Reverse Mortgage Lenders Association (NRMLA). To learn more about AAG and reverse mortgage loans, please visit the company’s website at www.aag.com.