|
English word |
English Definition |
English Example sentence |
| 1 |
to hang up one’s boots |
to retire |
I'm planning to hang up my boots next year. |
| 2 |
a retiree |
person who has retired |
New retiree often don't know what to do with their new free
time. |
| 3 |
to be mandatory |
compulsory |
Retirement in this company is mandatory at age 65. |
| 4 |
to take an early retirement |
retire before the age of eligibility for support from the
government |
She took an early retirement after winning the lottery. |
| 5 |
to be eligible for something |
have the right to do or obtain something |
Despite her hard work, she wasn't eligible for the yearly
bonus. |
| 6 |
social security |
the money set paid into a fund by workers, and set aside for
retired people |
I pay social security; my elderly parents receive social
security, about $650 per month. |
| 7 |
the welfare system |
the system in which healthy and productive people support sick,
weak people |
Due to the welfare system, even if you don't have a job, you
can still support a family. |
| 8 |
a nest egg |
a sum of money you have saved for retirement |
He wondered if his nest egg would be enough to support him
after he retired. |
| 9 |
inflation |
when money becomes less valuable over time |
Due to inflation, prices are going up every year. |
| 10 |
a pension plan |
a plan for setting aside money that will be used after you
retire |
My pension plan is pretty good; I should have about a million
dollars by the time I am 65. |
| 11 |
a mutual fund |
a financial investment shared by many people and managed
professionally |
I invested in a few mutual funds to keep my money safe and
hopefully gain a profit. |
| 12 |
a lump sum payment |
money paid in a single amount instead of multiple smaller
amounts |
The lump sum payment was pretty large. |
| 13 |
a will |
a document that states who receive what possession after you
die |
When my father turned 70, my mother convinced him to write a
will. |
| 14 |
the cost of living |
the general cost of everything you need to live a normal
life |
The cost of living in New York is higher than most other
cities. |
| 15 |
to semi-retire |
to retire but still work sometimes |
My uncle decided to semi-retire; he will still work three days
a week. |
| 16 |
failing health |
health that is becoming gradually worse |
Due to his failing health, he couldn't really enjoy his
retirement. |
| 17 |
to be depressed |
to feel sad for a long time, not simply in response to a sad
event |
After I retired, my life had no purpose and I became
depressed. |
| 18 |
to suffer from ~ |
to have a problem because of something, usually physical |
She suffered from poor vision, so she couldn't read without
special glasses. |
| 19 |
a nursing home |
a home for elderly people who can not take care of
themselves |
He volunteered at the nursing home on the weekends, visiting
lonely old people. |
| 20 |
a retirement home |
a home for elderly people who can take care of themselves |
Living in a retirement home is so convenient, you don't have to
cook, because there is a cafeteria. |
| 21 |
to be restless |
to feel dissatisfied due to lack of activity, to be unable to
relax |
He was restless after retirement, so he just drove back and
forth across the country for many years. |