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.
As a result of the settlement many former strikers took early retirement or quit their jobs.
It is fortunate that she enjoyed being retired, because her retirement lasted half a century.
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.
The jobs would go through natural wastage, such as retirement, and nobody would be forced to leave, trust chiefs have promised.
What will be the impact on those now nearing retirement age? Good question.

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