Retirement is the stage of life when you stop working for income and rely on your savings, investments, and government benefits to support your living expenses. Retirement can be voluntary or involuntary, depending on your health, financial situation, and personal preferences. Retirement can also be partial or full, depending on whether you continue to work part-time or casually, or stop working altogether. Retirement is a personal choice that requires careful planning and preparation to ensure you have enough income and resources to enjoy your desired lifestyle.
However, retirement is not a one-size-fits-all concept, and it can mean different things to different people. Some people may want to retire early and pursue their hobbies, travel, or volunteer. Some people may want to retire gradually and transition to a more flexible or less demanding work arrangement. Some people may want to retire later and continue to contribute their skills and experience to their profession or community. Therefore, it is important to define what retirement means to you and what you want to achieve in this stage of life.
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