What Can a Million Dollars Buy You? $1 million in a diversified portfolio could help finance part of your retirement. Share | Related Content The Fed and How It Got That Way Here is a quick history of the Federal Reserve and an overview of what it does. Required Reading: The Economic Report of the President The Economic Report of the President can help identify the forces driving — or dragging — the economy. Impact of Taxes and Inflation Estimate the potential impact taxes and inflation can have on the purchasing power of an investment.