retiree

A retiree is a person who has ceased regular paid employment. Retirement is commonly associated with reaching a statutory or customary retirement age, but it may be voluntary or forced by health, economic conditions, or personal choice. Retirees may receive pension benefits, social security, or other retirement income.

The timing and nature of retirement vary by country and individual circumstances. Some people transition gradually, moving to part-time work or volunteering, while others stop entirely. National policies often shape access to pensions and healthcare during retirement.

Financial considerations include pensions, savings, investments, and government transfers. Managing income, healthcare costs, and taxes becomes a central concern for retirees, and many engage in budgeting or financial planning.

Daily life typically shifts from work-related routines to leisure activities, travel, hobbies, volunteering, and family or caregiving responsibilities. Maintaining social connections and physical health is commonly emphasized to prevent isolation and decline.

Living arrangements vary; retirees may remain in their own homes, move to age-friendly housing, or require assisted living or long-term care. Policies related to pension provision and long-term care influence retirement security.

Terminology varies by region. The term retiree is widely used in English; equivalents include pensioner or senior. In some contexts, age-related terms reflect cultural attitudes toward aging and work.