John Ternus just became Apple's new CEO. Target pay: $58M ($3M salary + $55M stock). Most of that equity vests over years. But still... Two weeks at that rate is about $2.23M. Drop that into the S&P 500. It averages 10% a year. Take out only 4%, reinvest the rest, and you've got a flywheel. Your withdrawals keep pace with inflation while your principal keeps growing. That's ~$89K a year. Forever. More than the US median wage of $65K. From two weeks of CEO-rate pay. Anyway, congrats John.(Lark Davis)