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

Features such as employer matching can make your savings grow even faster, giving you a small-but-mighty nest egg that can grow into an income source by your late 60s, 70s and beyond. Ken Fisher, USA TODAY, "Retirement: 3 steps to overcome a 401(k) savings shortfall," 27 May 2018 And Meghan, now retired from her $50,000-an-episode role on the TV series Suits, reportedly has her own $5 million nest egg. David Mcclure, Town & Country, "How Queen Elizabeth's Fortune Is Divided Among the Members of the Royal Family," 16 Feb. 2019 That gives us a target of $1 million for your nest egg. Glenn Ruffenach, WSJ, "How Big Must Your Nest Egg Be?," 10 Feb. 2019 There’s also a crowdsourced nest egg awaiting her challenger. David Sharp, The Seattle Times, "What is Dems’ quest to unseat Collins missing? A candidate," 28 Jan. 2019 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

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

18 Apr 2019

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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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