Nest Egg

What Does Nest Egg Mean?
A special sum of money saved or invested for one specific future purpose.

Investopedia explains Nest Egg
Examples of the purposes for which nest eggs are usually intended include retirement, education, and even entertainment (vacations and cruises). The main idea is that the money in the nest egg shouldn't be touched except for the purpose for which you saved it.

Related Terms

529 Plan
Coverdell Education Savings Account - ESA
Education IRA
Individual Retirement Account - IRA
Mom And Pop
Pay Yourself First
Pension Plan
Phases Of Retirement
Registered Retirement Savings Plan - RRSP
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