retirement fund

Post-work money pool

A retirement fund is money set aside during working years to provide income after one stops working.

These funds typically grow through regular contributions and investment returns over decades: She contributes ten percent of her salary to her retirement fund.

Common vehicles include 401(k) plans, IRAs, and pension funds.

Also called a retirement account or nest egg.

Related

budgeting · life expectancy · 401(k) · employer match · superannuation · contribution limits · Roth IRA · rollover · diversification · inflation · tax deferral · estate planning · compounding · tax policy · financial independence · dollar-cost averaging · interest rates · savings

Categories
Opposites
temporal income allocation

retirement fundactive income

Money from direct labor

earned income · paycheck · salary · spending money · disposable income

financial accumulation vs. depletion

retirement funddebt

Money owed another

consumer debt · mortgage · deficit · liabilities · overdraft

financial security vs. precarity

retirement fundliving paycheck to paycheck

Earning only enough for immediate expenses

bankruptcy · poverty · destitution · insolvency · financial ruin

Family

fund, retirement

Familiarity
Top 50,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G