From Longman Dictionary of Contemporary Englishretirementre‧tire‧ment /rɪˈtaɪəmənt $ -ˈtaɪr-/ ●●○ S3 W3 noun 1 [countable, uncountable]BELEAVE A JOB OR ORGANIZATION when you stop working, usually because of your ageretirement from He became a keen golfer after his retirement from politics.retirement as He announced his retirement as chief executive of the company. She took early retirement (=retired at an earlier age than usual) last year. Dad’s approaching retirement age.2 [singular, uncountable]OLD/NOT NEW the period after you have stopped work I hope you enjoy a long and happy retirement.in retirement Will you be able to support yourself in retirement? a retirement pensionCOLLOCATIONSverbsapproach retirementPeople approaching retirement need to consider the issue of money.take early retirement (=retire earlier than usual)He took early retirement in 1990 after 25 years at IBM.announce your retirementShortly after his defeat he announced his retirement from politics.adjectivesearly retirement (=before the usual or expected time)Staff are being asked to consider early retirement.premature retirement (=before the natural or proper time)Injury forced him into premature retirement.retirement + NOUNretirement ageSixty-five was the normal retirement age for men.retirement benefits British English (=in Britain, money provided through the state pension scheme)Part-time workers at the company do, however, get health and retirement benefits.retirement dateMy actual retirement date is July 10.
Examples from the Corpusretirement• I have less than a year to go before retirement.• How much do I need to save for a comfortable retirement?• Attitudes towards employment, retirement, and early retirement are not formed in a vacuum.• Certainly, one ought to put aside for retirement more than Social Security.• Stitch announced her retirement this year.• Older married women are less likely than men to receive a National Insurance retirement pension in their own right.• From some angles, it looks to be a pension plan offering monthly retirement benefits commensurate with contributions.• Sergeant Gonzalez was a twenty-year man, a Marine who, at forty, was near retirement.• A person's retirement will affect the family functioning and network but this is not unidirectional.• He wants the retirement age raised to 70 and cost-of-living increases for Social Security recipients reduced.• Backdate home responsibilities protection to cover women coming up to retirement now.retirement age• The Labour Party's manifestos at the last two general elections contained proposals to lower the main retirement age.• Nearing retirement age, he had withdrawn in disgust and fled to Kyoto.• Both also were of retirement age.• After twenty years, he reached retirement age, left his job, and began spending every moment on the case.• The Government has delayed responding to the need to equalise pension rights because it means equalising State retirement ages.• In addition, the occupational characteristics and family circumstances of those remaining in employment beyond statutory retirement age are explored.• So for some older workers the retirement age is effectively lowered by unemployment, sickness or injury.From Longman Business Dictionaryretirementre‧tire‧ment /rɪˈtaɪəmənt-ˈtaɪr-/ noun1[uncountable] the act of leaving a job because you have reached the end of your working life, or the period of your life after you do this290 employees are eligible totake early retirement (=leave before the usual age).Mr. Baker turns 65 next month, the usualretirement age for the company’s employees.You must make adequate provision for your retirement.2retirement income/benefits/pensionHUMAN RESOURCES money paid to someone after they have stopped work at the end of their working lifeIBM decided to give full retirement benefits to employees with 30 years of service, regardless of their age. → see also individual retirement account under account13[uncountable]FINANCE the act of paying off a loan completely, usually before the normal timeretirement ofThe remaining £21 million will cover theretirement of debt. → debt retirement