Semiretirement

Semiretirement is a transitional phase between full-time employment and complete retirement, characterized by a reduced work schedule, often combined with other activities like pursuing hobbies, traveling, or spending more time with family. It allows individuals to gradually ease out of their careers, maintain some income and professional engagement, and enjoy greater flexibility and a better work-life balance. The intensity of work is lessened, but the individual remains connected to their field, which may require reduced effort while working on self-chosen interests and passions. The duration of semiretirement can vary, lasting for a few years or even being the new 'retirement' itself.

Semiretirement meaning with examples

• After 30 years as a teacher, Susan transitioned to semiretirement. She now teaches only two days a week, allowing her to travel and volunteer at the local library. This change reduced her stress levels and gave her more free time. She says it's the perfect balance between her passion for education and her desire for personal freedom, proving semiretirement is a better plan for her.
• John, a successful accountant, chose semiretirement to pursue his lifelong dream of writing a novel. He still consults with clients part-time but dedicates the majority of his week to writing. His income has decreased, but his satisfaction has increased. The flexibility of semiretirement supports his new creative life while keeping his accounting skills honed for now and the future.
• Facing burnout, Maria, a software engineer, opted for semiretirement. She now works remotely on a flexible schedule, allowing her to spend more time with her grandchildren. This phased retirement approach has revitalized her, improving her mental and physical well-being. She is finally enjoying her work and family, proving the value of this lifestyle in the long run.
• David, a sales executive, entered semiretirement by becoming a mentor to younger colleagues while also scaling back on his direct sales responsibilities. This arrangement enables him to share his expertise, remain connected to the business world, and dedicate more time to his golf game. semiretirement offered him a more balanced life, which provided a happier and more fulfilling conclusion to a successful career.