Early Retirement
Early retirement can be at any age, but is generally before the age (or tenure) needed for eligibility for support and funds from government or employer-provided sources. Thus, early-retirees rely on their own savings and investments to be initially self-supporting, until they start receiving such external support. Early retirement is also a euphemistic term for accepting termination of employment before retirement age as part of the employer's labor force rationalization. In this case, a monetary inducement may be involved.
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Famous quotes containing the words early and/or retirement:
“It was common practice for me to take my children with me whenever I went shopping, out for a walk in a white neighborhood, or just felt like going about in a white world. The reason was simple enough: if a black man is alone or with other black men, he is a threat to whites. But if he is with children, then he is harmless, adorable.”
—Gerald Early (20th century)
“He who comes into Assemblies only to gratifie his Curiosity, and not to make a Figure, enjoys the Pleasures of Retirement in a[n] ...exquisite Degree.”
—Richard Steele (1672–1729)