retirement etymology

Etymology:

The word "retirement" derives from the French term "retraire," meaning "to withdraw" or "to pull back."

Meaning:

Retirement refers to the cessation of regular work or active professional engagement due to age or other factors, typically marking the transition to a period of leisure and reduced financial responsibility.

Origin:

The concept of retirement has its roots in ancient civilizations, where individuals often transitioned to less physically demanding roles or sought support from younger generations as they aged. However, the modern notion of formal retirement emerged in the late 19th century.

Historical Development:

• 19th Century: The industrial revolution and urbanization shifted economic and societal structures, leading to factory jobs and greater financial security for workers. This allowed some individuals to accumulate savings and consider retiring.
• 20th Century: Governments and employers began implementing retirement plans and pensions to provide financial support for retirees. The average retirement age was gradually lowered as life expectancies increased.
• 21st Century: Retirement has become more flexible and varied. Some individuals pursue active retirement lifestyles, while others may opt for semi-retirement or phased retirements.

Factors Influencing Retirement:

The decision to retire is often influenced by various factors, including:

• Age
• Health
• Financial situation
• Social support
• Personal preferences and values
• Societal expectations

Societal Impact:

Retirement has significant economic, social, and cultural implications:

• Economic: Retirees draw on savings, pensions, and social security benefits, impacting consumer spending and economic growth.
• Social: Retirement can lead to changes in social networks and relationships, as well as a shift in community roles and responsibilities.
• Cultural: Retirement is often associated with increased leisure time and opportunities for personal fulfillment, influencing hobbies, travel, and volunteerism.

retirement relate terms

• retire

  Etymology The word retire derives from the Middle English verb retieren which means

• tirade

  Etymology and Meaning The word tirade ultimately derives from the Latin word dīrādī

• retired

  Etymology The word retired has its roots in the Old French word retirer meaning to

• retiring

  Etymology The word retiring comes from the Old French word retirer meaning to with

• amazement

  Etymology of Amazement The word amazement has its roots in Old French derived from t

• betterment

  Etymology The word betterment is derived from the Old English betrian meaning to ma

• merriment

  Etymology Middle English mirthe from Old English myrþ Cognates with other Germanic la

• retreat

  Etymology The word retreat is derived from the Old French retraite which in turn co

• privacy

  Etymology The term privacy originates from the Latin word privatus which means sep

• recess

  Etymology The word recess is derived from the Latin word recessus which means a go

• senior

  Etymology The word senior comes from the Old French word seinher meaning lord or

• umbrage

  Etymology The word umbrage comes from the Old French word ombrage meaning shade o

• secede

  Etymology Latin sēcedere to go away withdraw retire sē away cēdere

• cesspool

  Etymology The word cesspool derives from the following sources Latin cessus drai

• position

  Etymology From Middle English posicion from Anglo Norman posicion from Old French pos

• termination

  Etymology The word termination comes from the Latin word terminatio which means en

• status

  Etymology The word status comes from the Latin word status which means standing po