Source: “Planning and Progress”, Northwestern Mutual (2022)
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U.S. stocks opened August with a broad rally led by a sharp rebound in large-cap technology shares, pushing the Dow Jones Industrial Average to a record close.
Stocks ended a volatile week on a stronger note, led by a rebound in major technology names after solid earnings helped offset concerns around inflation, higher oil prices, and rising Treasury yields.
Many business owners view retirement plans as stand-alone benefits. In reality, however, a carefully designed benefits program often works best when individual components complement one another rather than operate independently.
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