Definition of "retirement" []

• The act of retiring. (noun)
• The state of being retired. (noun)
• Withdrawal from one's occupation, business, or office. (noun)
• Withdrawal into privacy or seclusion. (noun)
• A place of privacy or seclusion; a retreat. See Synonyms at solitude. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "For 401K's, only the final income withdrawn from the account in retirement is subject to taxation."
• "The inflation rate for rent (homeowners or usually ok), and medical expenses in retirement is far higher than the CPI."
• "Spending your own assets in retirement is tricky enough."