Retirement

(redirected from retirements)
Also found in: Dictionary, Thesaurus, Medical, Legal, Financial.

Retirement

 

(1) In prerevolutionary Russia from the 18th century, the term “retirement” referred in the broad sense to any separation from military or civilian state service, including retirement upon the request of the person separated. Compulsory retirement could be effected by a court decision or by administrative order.

(2) A form of separation of officers, generals, and admirals from military service in the Soviet armed forces. According to the Law on Universal Military Obligation of 1967, officers, generals, admirals, marshals of the combat arms, and admirals of the fleet who have reached the maximum age for the reserves or who have been separated from military service for reasons of health are removed from the military rolls and placed in retirement. A person’s right to wear the military uniform with insignias is specified in the separation order.

(3) In the practice of bourgeois states, the government or the chief executives (for instance, the president of the USA) are said to retire if they resign their position because of a vote of no confidence, censure, or disagreements within the government.

What does it mean when you dream about retirement?

Retirement dreams represent the end of one’s contribution and value to the workplace, as well as an end to doing what others dictate and becoming one’s own boss.

References in periodicals archive ?
When people face the prospect of spending decades in retirement, odds are inflation and expenses will outmatch shortsighted portfolio planning.
While 65 has been the Social Security retirement age since 1935, average life expectancy for 65-year-olds has increased from about 13 years in 1935 to 17.
As a result, it was impossible to accurately predict the number of personnel that would be retiring over the next 10-12 years or to forecast specific staffing shortages due to anticipated retirements.
Pre-retirees and Baby Boomers need to re-evaluate their retirement plans and prepare a contingency plan in case they are forced to undergo an unplanned retirement.
The big challenge for all financial-services businesses is to switch from planning for accumulation to retirement income and withdrawals.
Income Protection From Market Downturns - Along with protecting a participant's retirement income, Prudential IncomeFlex also guarantees that the participant's income base will continue to grow, regardless of market performance.
A commonly held American belief about financial retirement planning may be in need of a change.
The "Fifth Annual Workplace Report on Retirement Planning" found that 66 percent of young workers (those between 21 and 30, also known as the "Millennial Generation") would feel "grateful" or "optimistic" if employers automatically enrolled them in workplace-provided defined-contribution (DC) plans, representing an outcome of more than two-to-one in favor of an "auto-enrollment" approach.
BOSTON -- Nearly half of affluent Americans nearing retirement and most affluent retirees have developed formal retirement income plans; however, one in three retirees have no plan even though many have already begun tapping their nest eggs, according to a survey conducted for MFS Investment Management.
These issues include the need for better financial education in America, and the importance of individualized retirement planning and Social Security reform.
In response to growing concerns among higher education professionals about access to and the costs of retiree health care, Emeriti Retirement Health Solutions has strategically aligned with Fidelity Investments and Aetna to introduce the Emeriti(R) Program.
While most people with children younger than 18 say they can save for retirement and college expenses, when forced to prioritize, fully one-third (33 percent) admit they are saving mostly for retirement and putting only a little money toward college, the survey showed.