Definition, Meaning & Synonyms
semiretirement
Noun
/ˌsɛmɪˈrɪtaɪərmənt/
Definition
The state of partially retiring from one’s career, involving reduced working hours or responsibilities while still engaging in some professional activities.
Examples
- After years of hard work, she chose semiretirement to spend more time with her family.
- Many professionals opt for semiretirement to travel and explore hobbies they didn’t have time for during their careers.
Meaning
Semiretirement allows an individual to enjoy leisure time and pursue personal interests while maintaining a connection to their previous job or career.
Synonyms
- Partial retirement
- Phased retirement
- Gradual retirement