A nest egg refers to a sum of money or assets that have been saved or invested for a specific purpose, typically to provide financial security in the future. It is often associated with retirement savings, where individuals set aside funds over their working years to support themselves during retirement. The term can also encompass any significant savings or investments earmarked for emergencies, major purchases, or other long-term goals. Building a nest egg requires consistent saving and prudent financial planning to ensure sufficient resources are available when needed.
- A quantity of money put by as a reserve or for a person's retirement, often in savings.
- A natural or artificial egg placed in a bird's nest, to encourage the bird to lay its own eggs there.
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This glossary post was last updated: 29th March 2024.
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