Retirement

Retirement is the period of life when an individual permanently leaves the workforce after reaching a certain age or after fulfilling specific employment criteria. During retirement, a person typically stops working full-time and may choose to engage in leisure activities, pursue personal interests, or volunteer. Retirement is often associated with receiving pension benefits, savings, and social security, which provide financial support during this stage of life. The age at which one can retire and the benefits received vary by country and individual circumstances. The concept is linked to the transition from a career-oriented lifestyle to one focused on enjoyment, rest, and personal fulfillment.