#Person1#: I've been working hard for a whole year. I really need a break.
#Person2#: That's true. You need to take some time off to relax.
#Person1#: You said it. I'm looking forward to my annual vacation.
#Person2#: When are you going to take your vacation?
#Person1#: Later this month. I can't wait!
#Person2#: I really envy you. You know I'm not taking my vacation until December.
#Person1# will take an annual vacation, but #Person2# cannot take it until December.