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 Is Term Life Insurance for You? Term insurance is the simplest form of life insurance. Here's how it works. How to Get Your Finances Ready for Retirement Everyone has a vision of their retirement in their heads. 12 Steps to Living: Horizon, Risk Tolerance, and Compounding Understand the concepts of horizon, compounding, and risk tolerance, and create an investment plan.