Definition, Meaning & Synonyms
semiretirement
Noun
/ˌsɛmɪˈrɪtaɪərmənt/
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Definition
The state of partially retiring from one’s career, involving reduced working hours or responsibilities while still engaging in some professional activities.
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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.
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Meaning
Semiretirement allows an individual to enjoy leisure time and pursue personal interests while maintaining a connection to their previous job or career.
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Synonyms
- Partial retirement
- Phased retirement
- Gradual retirement