What Can a Million Dollars Buy You? $1 million in a diversified portfolio could help finance part of your retirement. Related Content Put It in a Letter A letter of instruction provides additional and more personal information regarding your estate. A Taxing Story: Capital Gains and Losses Understanding how capital gains are taxed may help you refine your investment strategies. Bridging the Confidence Gap In the world of finance, the effects of the "confidence gap" can be especially apparent.