What Can a Million Dollars Buy You? $1 million in a diversified portfolio could help finance part of your retirement. Related Content Should You Borrow from Your 401(k)? Does it make sense to borrow from my 401(k) to pay off debt or to make a major purchase? Getting a Head Start on College Savings A few strategies that may help you prepare for the cost of higher education. The Pros and Cons of an NUA Strategy Learn the advantages of a Net Unrealized Appreciation strategy with this helpful article.