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Nest Egg
What does it mean?
A special sum of money saved or invested for one specific future purpose.
In Other Words...
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 Links
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Related Terms
Coverdell ESA | Education IRA | IRA | Mom and Pop | Pension Plan | RRSP
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