early-retirement
UK[ˈɜːli rɪˈtaɪəmənt]US[ˈɜrli rɪˈtaɪərmənt]
n
The act or fact of leaving one's job and ceasing to work before the usual or statutory age.
Morpheme Breakdown
early
retirement
early
temporal
retirement
state/action
Etymology
The compound "early-retirement" is a modern lexical formation that combines two established English words to specify a particular social and economic concept. The first element, "early," originates from the Old English word for "soon" or "before," establishing the temporal condition. The second element, "retirement," has a French and Latin lineage, built on the idea of "withdrawing back" (re- + tirer) and the suffix indicating an action or state (-ment). The logic of the compound is transparent: it literally denotes "the action or state of withdrawing from work at a time before the norm." This term evolved in the mid-20th century to describe a specific practice in labor and pension systems, shifting from a purely literal description to an institutionalized concept with financial and lifestyle implications.
Analysis
Structure: early (temporal) + retirement (state/action)
- early: From Old English ǣrlice (adverb), from ǣr (soon, before). Germanic origin. Functions as an adjective/adverb indicating a point in time before the expected or usual time.
- retirement: From the verb retire (to withdraw, leave) + the noun-forming suffix -ment. Retire is from French retirer, from re- (back) + tirer (to draw). The suffix -ment denotes an action, process, or resulting state.
Examples
He took early-retirement at 58 to travel the world.
The company offered a generous early-retirement package to reduce staff numbers.
Planning for early-retirement requires careful financial management.