verb to withdraw from one's occupation or position, typically upon reaching a certain age or after a long period of service
In the military, 'retire' is used to indicate the act of leaving active service and transitioning to veteran status.
In real estate, 'retire' may be used to describe the process of paying off a mortgage and owning a property outright.
In finance, the term 'retire' is often used to refer to the act of withdrawing from the workforce and living off of accumulated savings or pensions.
In education, 'retire' can refer to a teacher's decision to stop working and leave their position at a school.
In sports, 'retire' is commonly used to describe a player's decision to end their professional career and no longer compete in their sport.
After a long and successful career, the author decided to retire and focus on writing novels full-time.
The psychologist announced her plans to retire after decades of helping patients with mental health issues.
The experienced teacher chose to retire and spend more time traveling and pursuing personal interests.
The renowned surgeon made the difficult decision to retire due to health reasons, leaving a gap in the hospital's medical team.
After reaching retirement age, the engineer decided to retire and mentor younger professionals in the field.