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 Travel, Without the Baggage Tips to avoid checking in luggage on your next vacation. Paying Tax Later Doesn't Always Mean Paying Less 401(k) savings are taxed as ordinary income when funds are withdrawn. Tax-Advantaged Retirement Planning Reduce your tax liability in retirement.