P2 EF71011 Class 21

 

Today’s Agenda

·      Attendance

·      “Self-Assessment Reflection” Week 4

·      Retirement benefits in Canada

·      Different -poetry- Shakespeare, scene from Romeo and Juliet

DISTRIBUTE “Poetry Terms”  “Romeo and Juliet Act 1. Scene 5”

·      Continue complex sentences-adverb clauses

 

 

**

Retirement benefits in Canada- pots of money, in retirement

Normal retire age is 65. -same for men and women

Some people go early. Some people work forever.

Some people retire very young. Freedom 55!

 

Government benefits – paid monthly

-CPP Canada Pension Plan -based on your earnings over your whole life in Canada

Deductions CPP

CRA website- check your CPP estimator

You can take CPP at 60, 61, 62…70

 

-OAS Old-Age Security – based on how many years you have lived in Canada

65, 66,..70

 

-GIS Guaranteed Income Supplement – low-income seniors, $21000/yr

 

 

 

 

 

Retirement savings

RRSP Registered Retirement Savings Plan

-money that you save for our retirement

-tax break

You can take money from your RRSP before retirement, but there will be penalties and tax owed.

-         name a beneficiary

 

TFSA Tax-Free Savings Account  $7000/yr

don’t pay tax, capital gains

-         name a beneficiary

 

Non-registered savings- money you have already paid tax on

-         no tax implications for withdrawing non-registered savings

-bank account

-inheritance

 

You can talk to your bank about retirement savings. Alternatively, you can get a financial advisor. Also, you can do it yourself if you know what you’re doing.

 

Present enjoyment now VS future security

What is your priority? balance

 

The sky is the limit. You can achieve a lot.

Average life in Canada for women is 87.

Colonel Sanders- 73 when he became wealthy

 

 

 

 

 

 

**

Adverb clauses

*before

Get home before 10. SIMPLE

Don’t go out before I get home. ADV CL COMPLEX

 

*ever since- seems like a long time

He has played baseball ever since he was a kid.

He has played baseball since he was a kid.

 

I have saved up to buy things ever since I was a little kid.

 

save + up = save money to buy something specific

 

IDIOM Money burns a hole in his pocket.

 

She saves money in her piggy bank.

He has a change dish in the kitchen.

 

There is a tip jar at the cash register.

“Take a penny. Leave a penny.”

 

*until

She waited at home I until her friend called her.

I am waiting until my order comes.

I was waiting until my order came.

I will wait until my order comes.

 

*while- two things happening at the same time

I was cooking while my daughter was sleeping.

I was driving while I was listening to the radio. SWITCH

I was listening to the radio while I was driving.

 

*whenever- every time

The dog barks whenever a stranger passes by.

Whenever we have a test, we feel/get nervous/fearful.

Whenever you need help, (you can) call me.

flip over, switch around

 

*if

She will go to your party if you apologize to her.

 

*even if

She will not go to your party even if you apologize to her.

Even if I get 100% on the final exam, I will not pass the math class.

 

*unless

She will not go to your party unless you apologize to her.

She will go to your party if you apologize to her.

 

If I get 100% on the final exam, I will pass the math class.

Unless I get 100% on the final exam, I will not pass the math class.

 

Even though my dog is very lovely, I still like other dogs.

 

Even though it is warm today, some of the students wear neck scarves and toques.

 

Even though her English is really good, she still feels fearful about using it.

Even though she has a good life now, she still dwells on her unhappy past.

 

VOCAB dwell(v) – thinking about negative things in the past, can’t let go of the past

dwelling(n)- the place where you live

 

He likes puns.  puns- word jokes

 

Dad jokes.  bad jokes that dad tells you when you are a kid

 

*as if –  exxagarate the incident

She spends money as if she were a millionaire.

subjunictive mood- imagination not true

 

My son is crying as if he had broken his leg.

He is sleeping as if he were dead.

He talks as if he knows/knew everything.

 

The dog is acting as if no one has ever patted him before.

 

She is running the race as if her life depended on it.

 

*though(casual, talking) / even though / although

Although it is cloudy, it is still warm.

 

It is cloudy. It is warm, though.

 

Although she is working hard, she is still broke.

 

Her pockets are empty. She is broke. She doesn’t have two nickels to rub together.

 

1 cent -penny

5 cents- nickel

10 cents- dime

25 cents- quarter

100 cents- loonie

200 cents- toonie

 

 

*in order to

She is saving money in order to buy a good used car.

in order to V

Jun walks 20 minutes a day in order to V stay healthy/have a healthy body.

He is running down the sidewalk in order to catch the bus.

 

 

*so that

She is saving money so that SV she can buy a good used car.

 

 

*so… that

so big that

so tired that

so ADJ that