Retirement Check
Definition:
A "retirement check" is a monthly payment that a person receives after they have stopped working. This payment is usually given to people who have retired, meaning they have reached an age or stage in their life where they no longer work full-time.
Usage Instructions:
- "Retirement check" is a noun. You can use it in sentences to talk about the money someone receives after retiring. - You often use it when discussing finances, retirement plans, or the benefits of retiring.
Example Sentence:
"After many years of working, Maria was excited to start receiving her retirement check every month."
Advanced Usage:
In advanced contexts, you might hear discussions about how the amount of a retirement check can depend on several factors, such as how long a person worked, their salary, and the retirement plan they chose.
Word Variants:
- Retirement (noun): The action of leaving one's job and ceasing to work. - Retire (verb): To stop working, especially when you reach a certain age.
Different Meanings:
- While "retirement check" specifically refers to the payment received after retiring, the word "retirement" alone can also refer to the period of time when someone is not working anymore.
Synonyms:
- Pension: A regular payment made to a retired worker, often from an employer or government. - Annuity: A financial product that provides a series of payments made at equal intervals.
Idioms and Phrasal Verbs:
- "Golden years": This idiom refers to the time in life after retirement, when people often relax and enjoy their leisure time. - "Set aside for retirement": This phrasal verb means to save money in preparation for when one stops working.
Summary:
A retirement check is an important financial resource for those who have stopped working.