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.
Read more about this topic: Retirement
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)
“Convent. A place of retirement for women who wish for leisure to meditate upon the sin of idleness.”
—Ambrose Bierce (18421914)