retirement -
withdrawal from your position or occupation
ending,
termination,
conclusion the end of a word (a suffix or inflectional ending or final morpheme); "I don't like words that have -ism as an ending"
hibernation the act of retiring into inactivity; "he emerged from his hibernation to make his first appearance in several years"
retirement -
the state of being retired from one's business or occupation
status,
position the relative position or standing of things or especially persons in a society; "he had the status of a minor"; "the novel attained the status of a classic"; "atheists do not enjoy a favorable position in American life"
retirement -
withdrawal for prayer and study and meditation; "the religious retreat is a form of vacation activity"
retirement -
The portion of one's life after retiring from one's career.
retirement -
A place of seclusion or privacy; a place to which one withdraws or retreats; a private abode.
Wikipedia
Retirement is the point where a person stops employment completely (or decides to leave the labor force if he or she is unemployed). A person may also semi-retire by reducing work hours. Many people choose to retire when they are eligible for private or public pension benefits, although some are forced to retire when physical conditions don't allow the person to work any more (by illness or accident).
OmegaWiki Dictionary
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retirement Withdrawal from one's occupation or active working life: having concluded one's working or professional career.