How has the definition of retirement changed in our lifetime?
Society has changed dramatically in the last 60 years. For a previous generation that word RETIREMENT stereotypically meant the absolute end of your working life. Now that meaning of retirement is being challenged.
For many people of our generation, having time to travel or pursue special interests became the dream. And so the definition of the word retirement remained the same for a while: leaving all forms of paid work permanently.
Of course, the exception to this has always been successful wealthy individuals who retired from their employment and took on paid directorships or consultant roles within their industry. Maybe they were on to something. They were continuing to create income long after traditional retirement. Many people are now considering how they can do the same.
Language is flexible. Words change their meaning according to the context and what is going on in the world.