nest egg

noun

Definition of nest egg

1 : a natural or artificial egg left in a nest especially to induce a hen to continue to lay there
2 : a fund of money accumulated as a reserve

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Synonyms for nest egg

Synonyms

account, budget, deposit, fund, kitty, pool

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Examples of nest egg in a Sentence

They built up a nest egg for their son's college education. paid for the computer out of his nest egg

Recent Examples on the Web

Her scheme, pitched between December 2014 and April 2017, victimized 46 investors, many of whom were older and wound up draining their life savings or retirement nest eggs to invest. Lynh Bui, Washington Post, "Chevy Chase financial adviser — who conjured curses against investigators — gets 20 years for Ponzi scheme," 31 July 2019 Click on this link, answer a few questions — and watch your nest egg vanish. San Diego Union-Tribune, "Scam Diego: why a new wave of scams has your number," 25 Aug. 2019 For every sports triumph, there’s a slacktastic fashion faux pas; for every budget-friendly trip to Market Basket, there’s an apartment broker ready to devour your nest egg. BostonGlobe.com, "15 things to love and 11 things to loathe about Boston," 2 July 2019 Retirees could ensure their nest egg lasts longer by avoiding these common mistakes: Mistake No. 1: Investing too conservatively... Cheryl Winokur Munk, WSJ, "The Biggest Financial Mistakes Retirees Make," 21 Apr. 2019 Also bolstered by the monies raised is the foundation’s nest egg, which has gone from $16 million at the beginning of the campaign to today’s $27.4 million. Andrea Simakis, cleveland.com, "Playhouse Square tops its fundraising goal with $110 million ‘Advancing the Legacy’ campaign," 24 July 2019 Your house, your nest egg, could become unlivable, and insurance may not cover the costly repairs. Janet Eastman, oregonlive.com, "What to do about cougars in the neighborhood, skunks under the house, bats in the attic," 19 July 2019 While traditional pensions commonly feature annuities to help to workers with the complex task of making a nest egg last a lifetime, only about 9% of the 401(k)-style plans Vanguard Group administers do the same. Anne Tergesen, WSJ, "Proposed 401(k) Laws: What You Need to Know," 18 July 2018 Stephen Wendel, head of behavioral science at Morningstar, an investment research company, recently laid out eight changes that could help retirement savers do a better job of building a nest egg. Robert Powell, USA TODAY, "8 steps to building a better nest egg for your retirement years," 27 June 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'nest egg.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of nest egg

14th century, in the meaning defined at sense 1

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More Definitions for nest egg

nest egg

noun

Financial Definition of nest egg

What It Is

A nest egg is a slang term describing money saved for the future.

How It Works

For example, let's say that John Doe works at Company XYZ. He saves $300 a week for 40 years. At the end of the 40 years, he has $700,000 in his account (including capital gains). This $700,000 is John's nest egg, and he plans to use it to fund his retirement.

Why It Matters

Creating, protecting and growing one's nest egg is one of the fundamental purposes of investing.

Source: Investing Answers

nest egg

noun

English Language Learners Definition of nest egg

: an amount of money that is saved over a usually long period of time to pay for something in the future