Citibank Expert Warns About a Common Retirement Mistake
A Citibank boss talks about money and retirement.
Retirement is the time when people stop working.
The Citibank expert says many people make one big mistake.
This mistake worries the expert at night.
The expert works with a portfolio.
A portfolio is a group of things you own to make money, like stocks.
The expert wants to help people make their portfolio stronger.
A strong portfolio can help people have money later in life.
The expert also talks about a 'good' retirement.
A good retirement means having enough money to live well.
People should think about their money plans now.
Small changes today can help in the future.
Vocabulary15 words
- retirement
- the time when a person stops working, usually when older
- mistake
- something done wrong
- portfolio
- a group of things like stocks that a person owns to make money
- exec
- a short word for an important boss at a company
- savings
- money you keep instead of spending
- expert
- a person who knows a lot about something
- power up
- to make something stronger
- boss
- a person in charge at work
- worry
- to feel bad because you think something is wrong
- plan
- an idea about what to do in the future
- stock
- a small part of a company that people can buy
- strong
- very good and powerful
- future
- the time that has not happened yet
- money
- what people use to buy things
- company
- a business that makes or sells things
Quiz
Answer key
1. A Citibank exec 2. A group of things you own to make money 3. True
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
A Citibank boss talks about money and _____.
Retirement is the time when people stop _____.
The Citibank expert says many people make one big _____.
This mistake worries the expert at _____.
The expert works with a _____.
A portfolio is a group of things you own to make _____.
The expert wants to help people make their portfolio _____.
A strong portfolio can help people have money later in _____.
The expert also talks about a 'good' _____.
A good retirement means having enough money to live _____.
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