re: If you had $1 million what would you do with it?

I'd buy an annuity and not touch it until retirement.

Here's my reasoning: One of my cousins got a ~$600,000 settlement in the wrongful death of her husband in a work accident. People don't realize how much money that is if you use common sense and don't do anything stupid with it. Because you already have a substantial nest egg built up, it greatly reduces your need to save and invest for the future. You have more disposable income, so your standard of living immediately improves, even if you don't touch the principle.

So with my retirement secure, I'd live it up on my current income, to the extent I could do it without going into unreasonable debt.