Retirement

/rɪˈtaɪərmənt/

nounBeginnerVery CommonGeneral

Definitions

2 meanings
1

The state of ceasing work, usually due to age or disability.

/rɪˈtaɪərmənt/

nounneutralBeginner
General

The action or fact of leaving one's job and ceasing to work, typically because one has reached a certain age.

My parents are planning their retirement.

💡 Simply: Retirement is like when grown-ups decide they're done working and can finally spend all day doing the fun stuff they love – like reading, traveling, or playing with their grandkids! It's their chance to kick back and relax.

👶 For kids: When grown-ups stop working because they are old.

More Examples

2

He's considering early retirement to spend more time traveling.

3

The company offers a generous retirement package.

How It's Used

Business

"Many companies offer retirement plans to their employees."

Social

"She is looking forward to her retirement."

2

The time in life after leaving work, often characterized by leisure and new activities.

/rɪˈtaɪərmənt/

nounpositivemedium
General

The period of life when one has retired.

They are enjoying a comfortable retirement.

💡 Simply: Imagine after a long journey, like a long hike, you get to put your feet up and take a rest. Retirement is like that, but for your whole working life! It's a time to relax, travel, or do anything you enjoy.

👶 For kids: The time when grown-ups have time to do fun things like playing games, or going on adventures.

More Examples

2

She has a lot of free time in her retirement.

3

He is looking forward to a long and happy retirement.

How It's Used

Personal Finance

"She enjoys her retirement, traveling frequently and pursuing hobbies."

Lifestyle

"The retirement years should be fulfilling."

Tip:Remember the 'tire' analogy – after a long journey (work), it's time to 're-tire' (relax)!

Idioms & expressions

retirement age

The age at which a person is expected or permitted to retire.

"The retirement age is gradually increasing."

early retirement

Retiring before the typical or expected age.

"He decided to take early retirement."

a retirement home

A place where older people live and are cared for.

"My grandparents live in a retirement home."

From Middle French *retire*, meaning 'to withdraw', ultimately from the Old French *retirer*, meaning 'to pull back'. Its use in the context of cessation of work and pensions developed in the 19th century.

The concept of retirement, and related financial planning, grew significantly during the industrial revolution and the rise of pensions.

Memory tip

Think of a time when you'd 're-tire' yourself, meaning to step away from work and enjoy life.

retirmentretierment

Usage

60%Spoken
40%Written