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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
But I would hope that the losses would be through natural wastage and early retirement, although I can't be specific.
Members, whose compulsory retiring age is less than 55, qualify for earlier retirement benefits, but may have a reduced range of payment options.
As a result of the settlement many former strikers took early retirement or quit their jobs.
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.
As they enjoy well-deserved retirement, who is stepping up to take their place?

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