retirement age

Definition

Age at which an individual can retire from his or her position and receive all the benefits guaranteed under a retirement plan such as 401k or 403B. The standard retirement age in the United States is 65.

Use retirement age in a sentence

I was past retirement age and had no plans for retirement and wanted to continue to run my business the way I wanted.

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The individual had finally reached retirement age which, after over thirty years of manual labor, the man was ready to relax.

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While there is a standard retirement age, many are now trying to retire by 50, and some even by 40, with careful planning and investments.

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early retirement profit-sharing