Daily English 444 - Planning for Retirement
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Slow Speed begins at: 1:12
Explanation begins at: 3:11
Normal Speed begins at: 15:30
Paulina: Did you get your Social Security statement? I just got mine in the mail. If I keep working at this rate for the next 20 years, between Social Security and my savings, I should be sitting pretty for retirement.
Carlos: Yeah, I should be okay when I retire, too. I’ve been contributing to a 401(k) through my work for years, and my company gives a matching contribution.
Paulina: Really? I never bothered with a 401(k).
Carlos: A 401(k) really adds up over time. I also have an IRA, which is tax-deferred, and I have my money in a portfolio that is split between stocks and bonds. All of these investments are for the long haul, of course. How about you? What’s your retirement plan?
Paulina: I have money stashed away in a nice little nest egg.
Carlos: Where do you have your money invested?
Paulina: It’s safe and sound, don’t you worry.
Carlos: [Laughs] You make it sound like you have it stashed under your mattress.
Paulina: A mattress is a very safe place for your money!
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