hey everybody welcome to this a1 english listening practice video you can use this video to practice your listening and comprehension as i speak before we start remember to download the listening time podcast and remember that you'll receive my advanced podcast if you become a listening time family member okay today we're gonna talk about retirement this is an interesting topic because retirement is different around the world so what is retirement when you retire it means that you stop working you finish your career so first let's talk about the retirement age in the u.s the retirement age is 66 or 67 it depends on when you were born however this age might change in the future when you turn 66 or 67 years old you can stop working and get money from the government in the u.s this is called social security the retirement age is different in different countries but i think that it's usually 60 something in most countries what's the retirement age in your country in the u.s the social security money that people receive isn't enough for most people life is expensive in the u.s so people often save money or invest so they can retire i think in most countries it's the same the money that the government gives you when you retire isn't a lot this means that people need to plan for retirement so let's talk about some ways to have more money when you retire one thing you can do is save money you can save a little money each month and this amount will grow as time goes by you should start saving when you're young if you start saving when you're 60 you probably won't save a lot of money before you retire and sometimes saving money isn't enough over time there's always inflation inflation is when your currency loses value so if there's a lot of inflation then your savings lose value too this is why some people prefer to invest money there are many different ways to invest money you can invest in a retirement plan the stock market cryptocurrency gold silver real estate and other things if you invest your money well then you can make more money in the future this can help you retire one other important investment is investing in your children if you have children then you should invest a lot of time money energy and love into them if you do this then your children will probably help you when you're older it's much easier to retire when your children love you and want to help you out now let's talk about what people do when they retire in the u.s there are many popular activities for retired people one common activity is golf if you go to a golf course in the u.s you'll see many retirees another thing that many retired people do is travel when people don't have to work they have a lot of time to go places many people dream of retiring and traveling around the world and one last activity that many retired people do is help take care of their grandchildren if they have grandchildren this is a very important activity for many people grandparents love spending time with their grandchildren and parents appreciate the help and actually some people never retire some people continue working their whole life they might do this because they need the money or they might just love working how about you do you want to retire in the future or do you want to continue working when you're old ok that's all for today remember to download my free listening time podcast and if you want my advanced podcast then become a listening time family member at patreon.com listeningtime also subscribe to the channel click on the bell and follow us on instagram i'll see you next time [Music]