For people who are retired or getting close
Annuity 101: What an Annuity Can Do, and What It Can't
Maybe someone mentioned an annuity to you. Maybe you already own one. Either way, you should understand how it works before you decide anything. That's what this class is for.
Free · 35 minutes on Zoom · 12:00 PM or 6:00 PM Eastern. Both times cover the same class.
A quick note from Mike
Here's what I see a lot. People hear the word "annuity" and decide they love it or hate it before they know what it is. Neither is a good place to decide from. In 35 minutes, we'll show you how one works, what you give up, and who it fits. Because it’s not for everyone.
What to expect
35 minutes.
We start on time and end on time.
Clear Explanations.
If we use a term, we explain it.
Understand an Annuity.
When and why an annuity can benefit someone in retirement.
Who this is for
This class is for you if:
- You're retired, or retiring in the next few years.
- Someone mentioned an annuity, and you want to understand it first.
- You own an annuity and aren't sure how it works.
This class isn't for you if:
- You want a stock tip.
- You want a recommendation today. We don't recommend anything until we understand your situation.
What you'll learn
How it works.
What happens to your account when the market goes up, and when it goes down. One simple example, step by step.
What it doesn't do.
Surrender periods, fees on add-ons, taxes, and why it's usually meant for only part of your savings.
Is it a fit for you?
A short checklist, plus 8 questions to ask before you sign anything.
Your host
Mike Bouma
Licensed Insurance and Retirement Professional, Jacobs Financial Services
Mike Bouma is an Insurance Producer specializing in retirement planning for Jacobs Financial Services LLC. Mike’s passion for helping clients develop a plan to achieve a confident and simple retirement is evident in his career in the insurance and financial services industry spanning more than two decades.
Mike holds his bachelor’s degree in Business Administration from Eastern Michigan University and is a licensed insurance producer in Michigan. He has been married to his wife, Beth, for over 28 years and is the proud father of four fantastic children. When he is not working, he can usually be spotted in the stands cheering on his children’s sports teams.
Frequently asked questions
Why is this class free?+
Teaching is how we've always met people. If you want to talk more after, great. If not, that's fine too.
Is this a sales presentation?+
No. It's a class. We won't recommend any product during it. We are an insurance agency, and we're upfront about that. If you want to talk about your own situation, you can schedule a time here.
Do I need to own an annuity to attend?+
No. You don't need to own one or plan to buy one.
How do I join?+
After you register, we'll email you a Zoom link. Click the link to join us a few minutes before the class starts. You can join from a computer, tablet, or phone.
Save your seat
Free · 35 minutes on Zoom