retirement centre A town, coastal zone, island, or other geographical area to which many people move when they retire from employment, because of the temperate climate, tax regime, or good leisure facilities. As the elderly form an increasingly large share of the population in Western industrial societies, complete towns and housing developments are built for them in retirement centres—notably, for example, in the United States.
More From encyclopedia.com
retire , re·tire / riˈtīr/ • v. 1. [intr.] leave one's job and cease to work, typically upon reaching the normal age for leaving employment: he retired from t… Retirement , RETIREMENT PLANNING The vast majority of individuals and couples in the United States can look forward to their retirement—that period later in life… Individual Retirement Account , A means by which an individual can receive certain federal tax advantages while investing for retirement. The federal government has several reasons… Incentive Services , Incentive services Retirement: Early Retirement Incentives Early retirement incentives (ERIs) are programs or characteristics of benefit plans that e… Town , Town A civil and political subdivision of a state, which varies in size and significance according to location but is ordinarily a division of a coun… Labor Force , RETIREMENT, PATTERNS The pattern of retirement at the end of the work career is shaped less by aging per se than by institutional mechanisms that pro…
About this article
Updated About encyclopedia.com content Print Article
You Might Also Like