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

Earl Paysinger, a former deputy police chief, and Emile Mack, a former assistant fire chief—pulled down more than $1.4 million apiece in pension benefits last year, giving them the largest nest eggs across all California’s public retirement systems. WSJ, "Who Wants to Support a Millionaire?," 30 Nov. 2018 But that thinking ignores the opportunities to withdraw funds from your nest egg at what could be favorable tax rates. Glenn Ruffenach, WSJ, "My Favorite Books to Prepare for Retirement," 7 Dec. 2018 That ends up being more difficult than many investors envision, and target-date funds help cushion the blow by keeping at least a small portion of investors’ nest eggs in bonds. Washington Post, "What’s in your 401(k)? For more investors, just 1 fund," 5 June 2018 And a couple with an income may be able to reduce or even stop taking withdrawals from their nest egg. Anne Tergesen, WSJ, "Why You Shouldn’t Retire When Your Spouse Does," 20 Nov. 2018 Retirement plan experts cite key reasons why IRAs are a better place to hold retirement assets: More flexible withdrawal options Having a sizable nest egg is one thing. Adam Shell, USA TODAY, "3 reasons IRAs have edge over 401(k)s when it's time to tap your nest egg," 11 July 2018 On Tuesday, Abbott, the pharmaceutical and medical products company, announced a new benefit to help its employees pay off their student debt while still building their retirement nest eggs. Ann Carrns, New York Times, "To Draw Workers, Employers Offer to Help With Student Loans," 26 June 2018 Income - along with building a nest egg for your family - motivates many. Melissa Rolland, courant.com, "Real Estate Investing: Beyond HGTV," 12 June 2018 The permanent fund is a nest egg, seeded with oil money, which has grown through investments. Becky Bohrer, The Seattle Times, "Alaska Legislature passes budgets, ends extended session," 13 May 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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Dictionary Entries near nest egg

nestable

nestage

nest box

nest egg

nester

nest fungus

nestle

Statistics for nest egg

Last Updated

6 Feb 2019

Look-up Popularity

Time Traveler for nest egg

The first known use of nest egg was in the 14th century

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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

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