Retirees Should Put a Slice of Apple in Their Portfolios

Apple Slice

Should Apple (AAPL) be a part of a retiree’s portfolio? On the one hand, it is a technology company and tech companies have historically been less shareholder-friendly and their stocks tend to be more volatile than the slow-growth industrial and consumer staples companies. But times have certainly changed and now Apple is not only the largest company in the world, but quite possibly have some of the most loyal fans and customers that to have an insatiable appetite for anything Apple.

With the recent reveal of the Apple Watch and the dedicated 200 person team to developing an Apple Car, the omnipresence of Apple in our lives may have only just begun. Should it also be a substantial holding in the accounts of retirees?

The Right Level of Retirement Income

Imagine you’ve reached a point in your life that you are done working, the end of the rat race, no more bump and grind. You are now ready to live the rest of your life doing just about anything you want, or nothing at all, it’s your choice. You have saved so much money for retirement and perhaps you may be receiving a pension or if you’re lucky, social security. The thought goes through your head: did I save enough?