Broker Check
Stas Politis, CPFA®
Stas Politis, CPFA®
Upward Wealth Group, LLC Employer-Sponsored Plan Advisor & Investment Representative
https://www.upwardwealthgroup.com (561) 345-3992

At Upward Wealth Group, we understand the critical role of employer-sponsored plans in talent retention and employee financial well-being. By reducing financial stress, these plans foster a healthier work environment and enhance productivity and performance. With our tailored approach, we ensure that your company's retirement plan is not just effective but also aligned with your organizational goals.

Our services cater to a diverse clientele, including self-employed professionals, entrepreneurs, business owners, and executives/trustees seeking to optimize their retirement savings. With decades of experience and a commitment to personalized solutions, we specialize in crafting employer-sponsored retirement plans that suit your specific requirements. Whether you prefer a straightforward, easy-to-administer plan or a more intricate one tailored to your unique circumstances, we've got you covered.

Given their substantial contribution to our retirement nest eggs, we recognize the significance of 401(k) plans in retirement planning. It's essential to synchronize all your savings and investments inside and outside employer-sponsored retirement plans to maximize their combined potential in achieving your retirement objectives. By harmonizing these elements, we can build a comprehensive portfolio that works synergistically toward securing your financial future.

Let's collaborate to design a retirement plan that meets regulatory requirements, empowers your employees, and positions your business for long-term success. Reach out to us today to embark on this journey toward financial security and prosperity.

Why do Renters Have to Save More?

Retirement
The infographic starts with a vector image of two houses, side-by side, both well-appointed and attractive. Above the houses is text that reads: Why do Renters Have to Save More? When preparing for retirement, what’s the difference between owning and renting?The infographic starts with a vector image of two houses, side-by side, both well-appointed and attractive. Above the houses is text that reads: Why do Renters Have to Save More? When preparing for retirement, what’s the difference between owning and renting?Continuing down, the houses have  realtor’s shingles out front with the following statistics: Homeowners should save 5.25 times their salary to retire at 68. Renters should save 8 times their salary to retire at 68.Continuing down, the houses have  realtor’s shingles out front with the following statistics: Homeowners should save 5.25 times their salary to retire at 68.Below there are two similar images of lines signifying a city map and a pinned highlight, side by side. The text reads: housing prices increased as much as 20% in parts of the U.S. but. Rents increased in 58% of US counties in the last three years.Renters should save 8 times their salary to retire at 68.Below there are houses with pinned highlights signifying a lightbulb and a car. The text reads: there are other pros and cons to renting versus owning a home. Homeowners may face larger mortgage payments when interest rates are high. Rates on a 30-year mortgage are nearly 7%.Below the houses are two similar images of lines signifying a city map and a pinned highlight stacked on top of each other. The text reads: housing prices increased as much as 20% in parts of the U.S. but.Lastly, there is a stylized sofa, houseplant, and lamp. The text above it reads: but those same high interest rates can cause rents to increase as well. Your lifestyle can affect your retirement strategy.Rents increased in 58% of U.S. counties in the last three years.Disclosure: Past performance does not guarantee future results. The return and principal value of home prices will fluctuate over time as market conditions change. When sold, a home may be worth more or less than its original cost. In part, rent prices are determined by supply and demand factors. Other factors that determine rent prices include location and square footage. There can be no guarantee that that rents will continue to increase or decrease in a particular geographic area. Sources: 1. Yahoo Life, April 12, 2023, 2. USA Facts.org, July 21, 2021, 3. USA Facts.org, March 28, 2023, 4. US News & World Report, October 31, 2022.Below there are houses with pinned highlights signifying a lightbulb and a car. The text reads: there are other pros and cons to renting versus owning a home. Homeowners may face larger mortgage payments when interest rates are high. Rates on a 30-year mortgage are nearly 7%.Lastly, there is a stylized sofa, houseplant, and lamp. The text above it reads: but those same high interest rates can cause rents to increase as well. Your lifestyle can affect your retirement strategy.Disclosure: Past performance does not guarantee future results. The return and principal value of home prices will fluctuate over time as market conditions change. When sold, a home may be worth more or less than its original cost. In part, rent prices are determined by supply and demand factors. Other factors that determine rent prices include location and square footage. There can be no guarantee that that rents will continue to increase or decrease in a particular geographic area. Sources: 1. Yahoo Life, April 12, 2023, 2. USA Facts.org, July 21, 2021, 3. USA Facts.org, March 28, 2023, 4. US News & World Report, October 31, 2022.

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