What is a Nest Egg?
A nest egg is a slang term describing money saved for the future.
How Does a Nest Egg Work?
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 Does a Nest Egg Matter?
Creating, protecting and growing one's nest egg is one of the fundamental purposes of investing.
Personalized Financial Plans for an Uncertain Market
In today’s uncertain market, investors are looking for answers to help them grow and protect their savings. So we partnered with Vanguard Advisers -- one of the most trusted names in finance -- to offer you a financial plan built to withstand a variety of market and economic conditions. A Vanguard advisor will craft your customized plan and then manage your savings, giving you more confidence to help you meet your goals. Click here to get started.
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