B2 – Upper Intermediate
Have you ever thought of your retirement? We all age and would need to leave our jobs to enjoy our savings and life after years of work, but have we really given it a thought?
Let’s check a scenario and possible ways on how we can keep our retirement on track.
http://money.cnn.com/2015/06/17/retirement/retirement-run-out-of-money/index.html?iid=TL_Popular
Discussion Questions:
- What is the age for mandatory retirement in your country? What is the advantage and disadvantage of retiring at this age?
- Where and how would you like to spend your retirement years? Why?
- How are you preparing for your retirement years?
- What are the three (3) things you would like to accomplish/have before and after you retire?
8 replies on “The Nightmare Retirement Scenario”
Discussion Questions:
What is the age for mandatory retirement in your country? What is the advantage and disadvantage of retiring at this age?
It depends of the years you have been working and paying taxes for the Social Security, so if you did so for, at least, 37 year you can retire at 65 years old, if not at 67 years old.
Where and how would you like to spend your retirement years? Why?
I live in Madrid and I want to live in Madrid in these days, cause it’s a big city, is nice and you have everything (museums, cinemas, theatres, conferences, hospitalities services, etc…). I can travel also abroad in a cheaper way (p.e. avoiding the high season prices, etc.) …
I would like to spend these years learning a lot of things, for example: learning new languages, dabbing piano, going to exhibitions and conferences, etc.
How are you preparing for your retirement years?
Yes, in deep, well you have to adjust your expenses and update the situation of your finances from time to time in order avoid non desirables surprise and be ready for the worst-case scenario. (for example: inflation in a real risk for your assets nowadays).
What are the three (3) things you would like to accomplish/have before and after you retire?
After my retirement:
• Play better my piano and study music theory
• Improve my english and french, learn how to paint, etc.
• Do sport, and take care of my health.
You are doing a great job practicing your writing regularly.
Remember to write your responses in proper form of sentences and paragraphs. For instance, this one answer of yours:
Until your next entry!
1. You can retire at the age of 67.
2. I would like to retire in the same place I have been living for the past 3 years, which is the same city I was born, because it is a very comfy place and I have almost everything and everyone I love here.
3. There is no obligation and you have the right to abandon your parents, but nobody does that and, usually, the sons and daughters take care of them.
4. Before I retire, I would love to:
-Be an architect.
-Be a millionare.
-Master my piano skills.
After I retire, I would like to:
-Travel, learn and meet different people all arround the globe.
-Study a psychology career.
-Learn to play the guitar.
Welcome to the Phoneenglish blog! It is a good thing that you would like to spend some time practicing your writing.
Remember to write all your responses in proper sentences. Here is how you can structure this answer of yours:
Before I retire, I would love to:
-Be an architect.
-Be a millionare.
-Master my piano skills.
After I retire, I would like to:
-Travel, learn and meet different people all arround the globe.
-Study a psychology career.
-Learn to play the guitar.
Cheers to more entries from you!
1. What is the age for mandatory retirement in your country?
In Spain you must have contributed to the social security system minimum 15 years and you must have 67 years or you can retire with 65 years if you have contributed 38 years
2. Where would you like to spend your retirement years? Why?
I don’t really know where. I doubt between living next to the beach or to live be next to my son and my daughter.
3. In your culture, do the children have to support their parents financially after they retire?
No, they don´t have to.
4. What are the three (3) things you would like to accomplish/have before and after you retire?
BeforeI retire:
1) I would like to do all what I have listed below but as I have less time I can´t do such an amount of things
2) I would like to earn the much as I can in order to have a good pay during my retirement
After I retire:
1) Travel the much I can
2) Taking Craft course as painting, sewing, etc
3) Going to cinema, theater
4) Meeting Friends
5) Making Sport
We see your efforts in writing your answers. Good job there!
Take a look at how you can write this sentence better:
In Spain you must have contributed to the social security system minimum 15 years and you must have 67 years or you can retire with 65 years if you have contributed 38 years
Keep practicing your writing skills through this exercise.
In order to have a realistic retirement income plan in place for the long term, it is neccessary to estimate your life expectancy….and that is not very pleasant..people are not designed to think about their death date..
You have written this response well. You can try and be more detailed next time. Squeeze in a few more sentences in there.
Here is how this sentence can be expressed better:
Until next time.