retirement

noun
UK /rɪˈtaɪəmənt/
US /rɪˈtaɪərmənt/

Retirement is when someone stops working because they are old.

After forty years as a teacher, she looked forward to a quiet retirement.


OTHER MEANINGS

2. The act of leaving a job or position permanently.

His retirement from the army came after twenty years of service.

3. The period of life after one stops working.

They plan to travel during their retirement.

4. The act of moving back or away from a place.

The army's retirement from the city was peaceful.