early retirements
Leaving work young
Early retirements are departures from the workforce before the standard retirement age.
The phrase often appears in corporate contexts where companies offer incentive packages to reduce headcount without layoffs: The company announced early retirements for workers over fifty-five.
Someone who saves aggressively to quit working decades ahead of schedule also takes early retirement.
- pensionRetiree's ongoing benefit
- voluntaryDone by choice
- voluntary separationFreely chosen departure
- downsizingReducing workforce or scale
- superannuationRetirement savings scheme
golden handshake · gold watch · burnout · passive income · health concerns · resignation · financial independence · incentives · benefits · annuities · package deal · succession planning · cost-of-living adjustments · severance packages · discharges · reduced hours · leisure pursuits · union agreements
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