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retirement: [noun] an act of retiring : the state of being retired. withdrawal from one's position or occupation or from active working life. the age at which one normally retires.
retire. 1. (Industrial Relations & HR Terms) ( also tr) to give up or to cause (a person) to give up his or her work, a post, etc, esp on reaching pensionable age. 4. to recede or disappear: the sun retired behind the clouds. 5. (General Sporting Terms) to withdraw from a sporting contest, esp because of injury. 6.
RETIRE meaning: 1. to leave your job or stop working because of old age or ill health: 2. to stop taking part in a…. Learn more.
Retire definition: to withdraw from one's career, occupation, or office, usually because of age. See examples of RETIRE used in a sentence.
Jun 9, 2024 · Retirement in a general sense is the time of life when you no longer need to work to live comfortably, and can rely on savings or passive forms of income to fund your lifestyle. Retirement and the term “financial independence” are often used interchangeably.
6 [transitive] retire somebody to make a player or team have to stop their turn at batting He retired twelve batters in a row. from use/service; 7 [transitive] retire something to withdraw something from use or service The cruise ship was retired in 2001. Mickey Mantle's jersey number 7 was retired in 1969 (= no longer used, as a sign of respect).
Culture retirement retirement In Britain most people retire in their sixties. Some people take early retirement (= choose to retire early) from about 50. The law changed in 2011 and now in most jobs an employer cannot force a person to retire. In the US the usual retirement age is 65.
