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Rating:Retirement is the point where a person stops employment completely. A person may also semi-retire by reducing work hours. An increasing number of individuals are choosing to put off this point of total retirement, by selecting to exist in the emerging state of Pre-tirement. Many people choose to retire when they are eligible for private or public pension benefits, although some are forced to retire when physical conditions no longer allow the person to work any longer or as a result of legislation concerning their position.
read moreA retirement home sometimes called an old people's home or old age home, although this term can also refer to a nursing home is a multi-residence housing facility intended for senior citizens. Typically, each person or couple in the home has an apartment-style room or suite of rooms.
read moreRetirement age differs in European countries and is a matter of debate across Europe, because of an aging population.