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What does retirement mean?

Looking for the meaning or definition of the word retirement? Here's what it means.

Noun
  1. An act of retiring; withdrawal.
  2. (uncountable) The state of being retired; seclusion.
  3. The portion of one's life after retiring from one's career.
  4. (obsolete) A place of seclusion or privacy; a place to which one withdraws or retreats; a private abode.
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Examples
After about 1920, he lived in virtual retirement in a cabin he built at Lac Tremblant in the Laurentians.
Those who stay long enough to accrue retirement benefits stream back by the thousands.
But I would hope that the losses would be through natural wastage and early retirement, although I can't be specific.
What will be the impact on those now nearing retirement age? Good question.
The jobs would go through natural wastage, such as retirement, and nobody would be forced to leave, trust chiefs have promised.
Whatever the final outcome, it is clear that people who want a comfortable retirement are going to have to put away money of their own accord.

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