A million dollars is often ... if you put the entire $1 million into that savings account, you’re looking at a yield of $40,000 to $50,000 per year. A CD is another safe, FDIC-insured way ...

This free tool can help you get matched with a planner who may meet your needs.) “Under $1 million dollars of investable assets, the flat fee may consume a very large percentage of their account ...