What Can a Million Dollars Buy You? $1 million in a diversified portfolio could help finance part of your retirement. Share | Related Content The Real Cost of a Vacation Home What if instead of buying that vacation home, you invested the money? A Look at Diversification Diversification is an investment principle designed to manage risk, but it can't prevent against a loss. 5 Smart Investing Strategies Getting what you want out of your money may require the right game plan.