As featured in The Wall Street Journal, Money Magazine, and more!

My Nest Egg Score

by Flexo on July 7, 2006

in Investing, Saving

nesteggscore.JPG

I broke down and took the A.G. Edwards Nest Egg Score estimation thing. I’m doing better than average for my age group (18-35), so I’m satisfied. The mini-quiz asked a few questions about my living status and my investing and savings habits, and presented these suggestions:

* Continue to manage debt.
* Maximize your retirement contributions.
* Consider your other financial goals.
* Review your investment mix.
* Create or review your estate plan.

Thanks to Ka-Blog, Next Income Bracket, and Penny Foolish who first posted about this quiz. I received an email about it some time ago, but dismissed it as junk like 95% of the email I receive.

VN:F [1.7.4_987]
Rating: 0.0/5 (0 votes cast)


Email this article Email this article Print this article Print this article
Share this article: Twitter | Tip'd | Facebook | Delicious | Reddit | Digg
About the Author

Flexo, the owner and creator of Consumerism Commentary, has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow him on Twitter.

If you enjoyed this article, get the free RSS feed or get daily emails.

Join the free Consumerism Commentary newsletter. Enter your email address here to receive weekly emails with behind-the-scenes information, exclusive giveaways, and money tips.



Related Entries on Consumerism Commentary

  • Aww, I'm jealous. It didn't tell me to create an estate plan - I guess it figures I have nothing to leave to anybody anyway. =)
  • FMF
    Better than average does not necessarily equal "good" or "on track."
  • Right, FMF, but in this case it's a non-scientific, meaningless number designed to sell A.G. Edwards' services, so I'm not too concerned about it. There's no complex formula behind the number unlike credit scores. No lost sleep. :-) The short list of questions provides the software less information than other internet quizzes like "Which character from Buffy the Vampire Slayer are you." Even the most basic low-tech, paper-and-pencil "purity test" questionnaire provides more details about someone's financial condition. :-)
  • Flexo, like I told Kira, the numbers don't really hold much weight, since there would have to be a lot more questions to approximate a score for everyone. I'm sure FICO scores take everything into consideration...thousands of data points. Either way, I think we're in good shape since we're thinking of personal finance more than the average person.
blog comments powered by Disqus

Previous post: Foxwoods Thanks Governor Corzine

Next post: Weekly Happenings