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Julie Fletcher

Julie Fletcher Featured in Denver Post: Why Americans are scared of financial advisors

By | Julie Fletcher, SH&J Blog, SH&J Team | No Comments

Julie Fletcher, CFP® at Sharkey, Howes & Javer wrote an article that was featured in the Denver Post this week. Below is a small excerpt from her piece as well as a link to read the full article.


Why Americans are scared of financial advisors
We can blame the movies, and our “money taboo” society

Since the 1980’s, Hollywood has made millions of dollars creating a slew of movies depicting the greed and crime of the financial services industry. Which is your favorite? “Wall Street,” the “greed is good” movie from 1987? “Boiler Room,” “The Wolf of Wall Street” or “The Big Short”? Based on the media’s portrayal of “financial professionals,” it is no wonder that Americans are scared to death to trust anyone with their hard-earned money. Based on these movies, I would guess that a person who has never met with a financial advisor likely envisions it would go something like this:

As a frightened receptionist walks me through their chaotic cubicle hell, red-faced frenzied suits scream “SELL, SELL NOW!!” into their phones. When we finally reach the conference room, the theme song from “Jaws” runs through my mind as a cigar smoking man wearing a red bow tie slowly turns in his chair to face me. He puffs out smoke as his smile creeps into a wide Cheshire cat grin. “Welcome. Please have a seat. Did you bring all your account statements?” As I cautiously hand my private and personal information to a complete stranger, his grin turns into a frown. “Did you not read our website? I hardly think $150,000 meets our $50 million minimums.”

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Behind the Scenes: What the SH&J Team Has Been Reading

By | Behind the Scenes, Eileen Sharkey, Harold Kirschner, Joel Javer, Julie Fletcher, Karlton Childress, Mimi Hackley, Planners, SH&J Blog, SH&J Team | No Comments

Did you know many members of our team are avid readers? Whether it is a good story or a book to help us improve as planners, you will often find our noses in a book during our downtime. Today we thought we would share our latest book reviews with you. We’d love to hear what you’ve been reading as well in the comments below!

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Meet Julie Fletcher

By | Julie Fletcher, Planners, SH&J Blog, SH&J Team | No Comments

Name: Julie Fletcher

Title: Certified Financial Planner™

SH&J team member since: October, 2013

 

You have been a financial planner at Sharkey, Howes & Javer for over a year. What do you enjoy most about working here?

This firm truly acts in the best interest of our clients. There is no such thing as “sales” in this office, which minimizes the stress level and frees up time to spend on problem solving instead.

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How much should I save for retirement?

By | Julie Fletcher, SH&J Blog, Tips, Videos | No Comments

We are asked ‘how much I should save for retirement’ all the time. It’s an important question! While we’d love to have a canned answer for everyone who asks, it’s just not that simple. We’ve found that answering a few questions really helps our clients hone in on their retirement savings goals.

Ask Yourself…

  • What age would you like to retire?
  • What kind of lifestyle would you like to live?
  • Are you going to sell your home, stay put, buy a second home?
  • Will you be traveling more often?
  • Will you still work part time or start a new business?

Those questions are a great place to start when planning your retirement. As Julie says in the video, “Get down to the nitty gritty of your desired lifestyle,” when answering the questions about your retirement. Being specific helps you (and your planner) set realistic goals and expectations.

In general we find SH&J clients need to start retirement with 100% of their current living expenses. It is rare for expenses to go down after retirement.

Whether you are close to retirement or decades away, we’d be happy to help you answer some of the questions above and make a retirement plan that makes sense for you. Give us a call at 303.639.5100 to set up a time to come in and chat.

2015 Financial Check-Up

By | Investing, Julie Fletcher, Planners, SH&J Blog, Tips | No Comments

SH&J 2015 Financial Check-Up

By Julie Fletcher, Certified Financial Planner™ at Sharkey, Howes & Javer

1. Even if you are “maxing out” your retirement plan contributions, is it enough?

The retirement plan contribution limits are set by IRS guidelines and reviewed each year. However, the IRS is not a personal financial advisor and does not know how much you need to be saving to meet your financial goals. Just because you are “maxing out” your plan does not necessarily mean you are saving enough. 

Many people choose to contribute to the company 401(k) plan, which will allow you to contribute up to $18,000 in 2015 (with an additional $6,000 catch-up for those over age 50). A 401(k) plan allows an employee to contribute a portion of his/her salary on a pre-tax basis to a retirement savings account. Taxes are not paid until money is withdrawn from the account.

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