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Retirement is the point where a person stops employment completely. A person may also semi-retire and keep some sort of retirement job, out of choice rather than necessity. This usually happens upon reaching a determined age, when physical conditions don't allow the person to work any more (by illness or accident), or even for personal choice (usually in the presence of an adequate pension or personal savings). The retirement with a pension is considered a right of the worker in many societies, and hard ideological, social, cultural and political battles have been fought over whether this is a right. In many western countries this right is mentioned in national constitutions. From Wikipedia under the
GNU Free Documentation License  www2.trafford.com 552px x 366px | 96.30kB [source page] About the Book Most people dream of early retirement and of travelling to exotic places This book describes how the author and his wife realized that dream by retiring at fifty  toothpastefordinner.com 496px x 375px | 29.50kB [source page] 8 7 03 early retirement Email this drawing to your friend  real-success.ca 1174px x 800px | 394.10kB [source page] Why the term retirement jobs Not so long ago people worked until age 60 or 65 collected a gold watch and possibly a copy of The Joy of Not Working and then headed for their easy chair From Yahoo Image Search: "Retirement"  blogs.bet.com ewiley hu, 09 Jul 2009 12:58:57 GM While about 66 percent of African-American and 65 percent of Hispanic employees participate in their companies' . retirement. savings plans, some 77 percent of White workers and 76 percent of Asian-American workers enroll in theirs.  cleanmpg.com Delta Flyer Fri, 10 Jul 2009 02:37:52 GM Guess who is calling off . retirement. to remain at the leaner, greener GM? In the News.  8asians.com Guest Writer hu, 09 Jul 2009 20:31:40 GM Eight, because it's lucky. Asians, because that's who we are. From Google Blog Search: "Retirement"  news.google.com iSurfHopkinsCo Madisonville, KY - The Madisonville Fire Department was dispatched to the Oakridge Retirement Center on Dodson Lane Tuesday. Upon arrival, units were ... news.google.com What Investment Mike Morrison, head of pension development at AXA Winterthur Wealth Management, gives his view on the murky world of financial planning for retirement . ... news.google.com ( ) Assuming the retirement age at businesses is 55, next year will be the start of the boomers' retirement era when those born in 1955 turn 55, the report said ... From Google News Search: "Retirement" What is the best way to rollover untaxed retirement accounts ? Q. I am nearing retirement and have about 25k in untaxed money in a retirement account through my employer. I am looking for a way to roll it over tax free and still keep investing it safely but have access to it as needed with no withdrawal penalties. Is there a way ?? Asked by nobleinvestments - Sun Jan 7 15:01:08 2007 - - 4 Answers - 0 Comments A. For maximum flexibility, roll your 401K OUT of the employer's plan and into a rollover ira. If you open the new IRA with a major brokerage house, you will have the world of investments available to you, including individual stocks and bonds, mutual funds, etc. You could choose to buy an annuity to guarantee a payout for life, or you could put it in a Rollover IRA with a mutual fund company. Personally, I recommend the brokerage type account for maximum flexibilty. Yo ucan even put your money in a money market account while you make your plan. But get it out of the employer's plan because you have no flexibility there. You can do a direct rollover at any age without penalty or tax effect. Talk to a financial specialist. Get a plan! The… [cont.] Answered by WealthBuilder - Sun Jan 7 15:08:01 2007 How can I use a retirement account to finance real estate? Q. I am interested in using my retirement funds to purchase a new beach property while prices are down and I believe that within 10 years that investment will be much better than stocks bonds etc. I was told by another person not on this forum that the funds could be transferred into a "profit sharing plan" and from there could be invested in whatever manner the manager sees fit. The plan would be a corporation and as long as the manager (me) did not use the property for other personal things and any rents were paid directly to the plan that this would be a qualified investment> any thoughts? Asked by Rodney G - Thu Nov 20 11:20:53 2008 - - 3 Answers - 0 Comments A. You can take a loan against a 401(k), if you have one. You can cash in IRAs, but you will have to pay tax plus a penalty, if you are under 59-1/2. There are no provisions to the law that allow you to take the funds from an approved account and invest it in real estate because you believe it is a better investment. Answered by Insurance Biz CT - Thu Nov 20 11:27:46 2008 When you have a retirement account, is it fixed interest to ensure you earn money for retirement?
Q. Sorry, might be a stupid question, but I'm 17, and don't know anything about that. I know that you can put part of your retirement investments into more risky funds, but isn't some of it (probably most of it), put somewhere where you WILL make money, since lots of people cannot take a risk with that type of thing??? Please elaborate!!! Thank you! Asked by The Chef- Dishin Out the Answers - Wed Dec 19 15:21:22 2007 - - 3 Answers - 0 Comments A. Typically, if you are a long long way away from retirement, you'll want to put most of your savings into riskier (though not really really risky) funds. You have a long long time for the market to go up and down, and as long as you are putting your money into well balanced mutual funds and not risky risky stocks or junk bonds, you'll do well in the long run. In any given year, your funds may be up or down, but historically, in the long run, the market has gone up. As folks get closer and closer to retirement, they typically move their money into safer investments. They do this for two reasons. First of all, they don't have as much time to make up for a big loss. If you lose everything in a huge market crash when you are 25 years old,… [cont.] Answered by Rivergirl100 - Wed Dec 19 15:35:09 2007 From Yahoo Answer Search: "Retirement"
See also:
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Facing Loneliness When You are Older
Retirement with a Purpose
Retirement Talk for Boomers, Seniors, and Retirees