What Can a Million Dollars Buy You? $1 million in a diversified portfolio could help finance part of your retirement. Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content Should You Invest in Exchange Traded Funds? There are hundreds of ETFs available. Should you invest in them? When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases. My Retirement Savings Estimate how long your retirement savings may last using various monthly cash flow rates.