Nest Egg

Nest Egg

A “nest egg” refers to a sum of Money saved or invested for future use, often for retirement or a specific goal. It is typically set aside to provide financial security and support long-term objectives.

Examples:

• A couple saves $50,000 over several years as a nest egg for their retirement.
• An individual contributes regularly to a retirement account, building a nest egg intended for use in their later years.

Cases:

• In preparation for buying a home, a young professional accumulates a nest egg by saving a portion of their salary each month.
• After receiving a financial windfall, a family decides to set aside a portion as a nest egg to ensure their children’s education.