What does preretirement mean?
The term preretirement refers to the period of time before retirement, often used to describe the years leading up to a person's retirement age. This period can be a time of transition and preparation for the next stage of life. During preretirement, individuals may travel, pursue hobbies, and plan their finances for the future. The term can also refer to the period of time after retirement when a person is still active and engaged. Preretirement is an important concept in the context of retirement planning and preparation. It highlights the need for individuals to plan and prepare for their retirement years, whether they are working or not. The preretirement period can be a time of great change and opportunity, and it is essential to make the most of it. By understanding the concept of preretirement, individuals can better prepare for their future and make informed decisions about their retirement plans.
nounA period of time before retirement, often used to describe the years leading up to a person's retirement age.
- A period of time before retirement, often used to describe the years leading up to a person's retirement age.
"During her preretirement years, she traveled extensively and pursued her hobbies."
"During her preretirement years, she traveled extensively and pursued her hobbies."
"He began planning his preretirement finances five years before his expected retirement date."
The plural form of preretirement is used to refer to multiple periods of time before retirement.
"During her preretirement years, she traveled extensively and pursued her hobbies."
Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.
Etymology of preretirement
The term preretirement is derived from the words 'pre-' and 'retirement'. The prefix 'pre-' indicates a period of time before something happens, while 'retirement' refers to the act of leaving one's job or career. The term has been in use since the mid-20th century and has become an important concept in the context of retirement planning and preparation.
Usage notes
The term preretirement is often used to describe the years leading up to a person's retirement age, but it can also refer to the period of time after retirement when a person is still active and engaged.