Watch the trailer for the movie at the Indiana Jones site!
According to what I've read, the movie is set in 1957 - 19 years after the events of Indiana Jones and the Last Crusade. Thankfully, that puts the character's age closer to Harrison Ford's 65 years.
The trailer looks awesome. Can't wait to see Indy do to the Commies what he perfected against the Nazis. Frome the trailer, it also appears that we're going to be revisiting the famous warehouse shown at the end of Raiders.
May 22nd can't come soon enough for me!