Ten Steps to Retire as a Millionaire Look at the picture.

Read the questions.

Think about the topic.

 

Pre-Reading Questions

Is becoming wealthly a worthwhile goal?  Why or why not? Would you like to become rich some day?

How do you think money affects people’s lives?

What do you think it takes to become a millionaire?

Discuss your ideas with your partner, then read the article below.

Read and Pronounce

Read the following to your tutor.  He / She will listen and correct your pronunciation.

“Having a million-dollar portfolio is a retirement dream for many people. Making that dream come true requires some serious effort. While success is never a sure thing, the 10 steps outlined below will go a long way toward helping you achieve your objective.”

Click here to read full article. Source:  Investopedia

Read the text aloud to your tutor. Your tutor will listen and provide you with feedback.

Talking points

What are the ten tips the author offers for becoming a millionaire?

Do you agree with her suggestions?

Have you tried them?

Do you have a savings plan for retirement?

If so, what is it? What are some of the best ways of investing for the future?

Which methods of investment do you think are the safest for these economic times?

Which types of investments should people avoid, in your opinion?

What would be your suggestions for retiring a millionaire?    

Talk with your tutor about this topic. Use the expressions and vocabulary you learned.

Use the related resources below to learn more.

Vocabulary Words

wealth(y) portfolio mogul extraordinary paycheck liability contribution stash asset allocation equity(-ies) entail(s) security(-es) mitigate setback chunk lifestyle compound(ing) enroll cliche guarantee(d) statistic(ally) maximize minimize risk fund(ed) eligible taxable

 

Expressions

dream come true

sure thing

fixed-income

tax-deferred

get-rich-quick scheme

road to riches

your odds

on autopilot

return on investment

get the job done

two-income family

on track