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Definitions of retirement
Individual
Retired?
Full-time employee for a long period, stopped working in older age, now not working Yes
 
Full-time employee for a long period, stopped working in older age, now working part time at another job ?
 
Full-time employee for a long period, now working part time in older age for same employer ?
 
Self-employed business owner in older age, business now controlled by or sold to someone else Yes
 
Self-employed business owner not in older age, business now controlled by or sold to someone else No
 
Self-employed business owner in older age working reduced hours ?
 
Employee working at a series of short-term jobs, stopped working in older age ?
 
Person who never worked or whose last job was long ago, person now in older age ?