Retirement

Retirement is the stage of life when a person stops working full-time, usually after reaching a certain age or financial stability. It marks the end of a career or active employment, often after saving enough money to live comfortably without regular income from a job. People plan for retirement by saving and investing through pensions, 401(k)s, or IRAs to ensure they have enough funds to support themselves during this period. Retirement allows individuals to focus on personal interests, hobbies, or spending time with family, free from work responsibilities.