Could You Retire Today If You Had Bought Apple Stock 10 Years Ago?

Core Insights - Apple stock is part of the "magnificent seven," indicating its growth has outperformed the S&P 500 over the past decade [1] - A $10,000 investment in Apple stock a decade ago would be worth approximately $100,000 today, assuming dividends were reinvested [3] - To achieve a modest retirement income of $40,000 per year, an investor would need a portfolio of around $1 million, which could be reached by investing $100,000 in Apple stock and benefiting from stock splits and reinvested dividends [6] Investment Performance - In 2015, Apple stock was trading between $24 and $25 per share, and several stock splits have significantly increased returns for long-term shareholders [2] - The investment of $10,000 would have allowed the purchase of around 416 shares, leading to substantial growth over the decade [3] Retirement Funding - While $100,000 could provide a supplementary fund, it would not be sufficient for full retirement, as withdrawing 4% would yield only $4,000 annually [4][5] - A portfolio of approximately $1 million would be necessary to generate a modest yearly income, highlighting the need for diversified investments beyond Apple stock [6][7]