From NASDAQ:

To retire comfortably with $1 million, investing $300,000 in three specific stocks may be the key. For instance, Brookfield Renewable (NYSE: BEP; NYSE: BEPC) is expected to deliver total returns of 12-15% per year. This company is well-positioned to meet the soaring demand for renewable energy due to ambitious carbon reduction targets and the rising adoption of electric vehicles.

Microsoft (NASDAQ: MSFT) is another good option, as it is a major player in the artificial intelligence (AI) space. With a large stake in ChatGPT developer OpenAI, Microsoft is expected to benefit from the increasing demand for AI technology, and it could be a strong contender in the future AI boom.

Finally, Vertex Pharmaceuticals (NASDAQ: VRTX) commands a monopoly in treating the rare genetic disease cystic fibrosis (CF) and is expanding into other areas. They have high hopes for new drug therapies and have won U.S. approval for Casgevy to treat sickle cell disease.

While there are risks, the expected returns outweigh them for aggressive investors, offering an attractive risk-reward profile. Despite the risks involved, these three stocks offer strong potential for growth and could provide a significant return on investment over the next decade.



Read more: Want $1 Million in Retirement? Invest $300,000 in These 3 Stocks and Wait a Decade.