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/rɪˈtaɪərmənt/
Translation
Ruhestand
The period of one's life after leaving one's job and ceasing to work.
“She is enjoying her retirement by traveling the world.”
Das ist die Zeit im Leben, wenn man aufhört zu arbeiten, meistens weil man ein gewisses Alter erreicht hat.
The act of leaving one's job or career permanently.
“He announced his retirement after forty years with the company.”
Damit ist der Moment gemeint, in dem man offiziell aus dem Berufsleben aussteigt.