life savings
Accumulated financial cushion
Life savings refers to the total amount of money a person has accumulated and set aside over the course of their lifetime, typically representing their entire financial reserve.
The phrase emphasizes both the time invested in building this sum and the gravity of losing it.
She put her life savings into starting the business.
The scam wiped out his life savings.
Though grammatically plural, life savings functions as a singular concept—one nest egg, however large or small.
Acquired through great effort
- toilStrenuous, prolonged effort
- laborStrenuous effort; also childbirth
- sweatMoisture from skin pores
- sacrificeGiving up something precious
frugality · budgeting · discipline · perseverance · dedication · thrift · scrimping · penny-pinching
Collected works or assets
- stocksOwnership stakes or inventory
- bondsTies that unite
- mutual fundsCollectively managed securities portfolios
- 401(k)Tax-advantaged retirement savings account
IRA · Roth IRA · pension fund · annuity · dividends · interest · shares · equities
Financial storage for funds
- depositsMaterial settled or stored
- reservesResources held back
- stockpileAccumulated reserve supply
- cacheConcealed storage spot
stash · hoard · funds · capital · principal · balance · assets · wealth
Retiree's ongoing benefit
- golden yearsLater life stage
- Social SecurityFederal old-age insurance program
- retireeOne who left work
- pensionerRetired payment recipient
senior · twilight years · leisure · financial independence · drawdown · withdrawal · fixed income · retirement plan
hard-earned
Acquired through great effort
sacrifice · frugality · budgeting · discipline · perseverance · dedication · thrift · scrimping · penny-pinching · blood sweat and tears
portfolio
Collected works or assets
- stocksOwnership stakes or inventory
- bondsTies that unite
- mutual fundsCollectively managed securities portfolios
401(k) · IRA · Roth IRA · pension fund · annuity · dividends · interest · shares · equities · real estate
bank account
Financial storage for funds
cache · stash · hoard · funds · capital · principal · balance · assets · wealth · fortune
pension
Retiree's ongoing benefit
- golden yearsLater life stage
- Social SecurityFederal old-age insurance program
- retireeOne who left work
pensioner · senior · twilight years · leisure · financial independence · drawdown · withdrawal · fixed income · retirement plan · security
safekeeping
Protective care of possessions
insurance · FDIC · security · stability · guarantee · safeguard · backup · buffer · safety net · preservation
life savingsdebt
Money owed another
bankruptcy · insolvency · financial ruin · liabilities · destitution
life savingsdisposable income
Earnings minus essential costs
spending money · living paycheck to paycheck · pocket money · petty cash · walking-around money