Meaning & Definition
noun
The action or fact of retiring, typically from one's job or profession, usually due to age or after reaching a certain number of years of service.
After many years of hard work, she finally reached her retirement and could enjoy leisure activities.
The period of time after one has retired from their job or profession.
His retirement was filled with travel and spending time with family.
The act of withdrawing from public life or from a particular role or activity.
The celebrity announced her retirement from acting to focus on her charity work.
A sum of money paid to someone on a regular basis, typically after they have stopped working.
He receives a comfortable retirement pension that allows him to live without financial stress.
Etymology
Derived from the Middle French word 'retrait', meaning 'a drawing back'.
Common Phrases and Expressions
early retirement:
Retiring before the usual age, typically to enjoy leisure time or personal pursuits.
forced retirement:
Mandatory retirement imposed by an employer usually due to age.
retirement plan:
A financial plan set up to fund one's lifestyle after leaving the workforce.
retirement community:
Housing designed for older adults, often with amenities and support services.
Slang Meanings
Golden years
Now that he's retired, he's looking forward to his golden years of travel and leisure.
Kicking back
After retirement, she's just kicking back and enjoying the slower pace of life.