A1 English Listening Practice - Retirement

The video discusses retirement, highlighting how it varies globally. It explains the concept of retirement, focusing on the retirement age in the US and the role of Social Security. The video emphasizes the importance of financial planning, including saving and investing, to ensure a comfortable retirement. It also discusses the impact of inflation on savings and the benefits of investing in children. Additionally, it explores common retirement activities such as golf, travel, and spending time with grandchildren, and notes that some people choose to continue working.

What is the typical retirement age in the United States?

• 55 or 56

• 60 or 61

• 66 or 67

• 70 or 71

Why is it important to start saving for retirement early?

• Because it prevents inflation

• Because it guarantees a higher pension

• Because savings grow over time

• Because it helps avoid taxes

Which of the following is NOT a suggested investment option for retirement?

• Stock market

• Lottery tickets

• Cryptocurrency

• Real estate

What is a common activity for retirees in the US?

• Learning a new language

• Starting a new career

• Building a house

• Playing golf

Why might some people choose not to retire?

• They want to start a new hobby

• They need the money or love working

• They want to travel more

• They want to spend time with grandchildren