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Definition

Retirement

Retirement is the point at which a person gives up one's work, usually between the ages of 60 to 65, but increasingly earlier today due to firms' early retirement incentive plans.

Webster Dictionary Meaning

1. Retirement
- The act of retiring, or the state of being retired; withdrawal; seclusion; as, the retirement of an officer.
- A place of seclusion or privacy; a place to which one withdraws or retreats; a private abode.
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