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What does semiretired mean?

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

Adjective
  1. Partially retired; working part time, and/or not yet receiving pension benefits nor drawing down retirement savings.
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Examples
Running a sheep farm and raising four children meant he only had time to climb once a week, if he was lucky, so he's making up for lost time now he's semiretired.
Leach is now semiretired in order to care for Vickie, who was diagnosed with early-onset Alzheimer's in 2004, though he remains keenly attuned to future projects.
In his dotage, Bryn has semiretired from farming, letting out much of his land.
I am a semiretired businessman now and have got more time to devote to being a local councillor.
Four years ago and now semiretired, I raised the matter again with the 200-year anniversary approaching and a more relaxed attitude towards teaching now the norm.

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