noun the portion of a person's life during which they are no longer actively working
In finance, retirement refers to the act of withdrawing from one's career or occupation and receiving pension or other financial benefits.
In healthcare, retirement can impact an individual's health and well-being due to changes in daily routine and social interactions.
In insurance, retirement planning involves setting aside funds to ensure financial security during retirement.
In human resources, retirement is the process of an employee leaving their job permanently and typically receiving retirement benefits.
In the field of elderly care, retirement is a stage of life where individuals stop working and may require assistance with daily living activities.
Government policies often include retirement age regulations and social security benefits for retired individuals.
Many writers choose to continue working even after retirement age, often publishing books or articles on a more relaxed schedule.
Psychologists may choose to retire from their private practice but continue to offer consulting services or teach at universities.