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Most Americans don't understand average lifespan of retirees when planning for retirement
(finance.yahoo.com)
this post was submitted on 26 Aug 2023
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Can someone define this word for me?
"Retiree"?
Someone who has stopped working for good because of old age
Nah, age has nothing to do with it. It's merely someone who has stopped working because they no longer need an income to support themselves for the rest of their life.
I would say someone who stopped working for their primary income. Some folks still work for the social aspect or to live a bit comfier. Typically I think those folks do far fewer hours though.