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Retiree

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.01 sec.
Retiree
A person who has stopped working in his/her old age, or at least when he/she has saved enough money to last the remainder of his/her life. Generally, retirement occurs after the age of 65, but not always. Both governments and companies offer pensions, annuities, and other plans to provide for one's financial needs in retirement. Luxury products such as cruises often are targeted at retirees because they tend to have expendable income and relatively few expenses.


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O'Brien to cap the levels of retiree health plan contributions at 25 percent and that any future changes be brought to a council vote.
Many retirees and baby boomers face rising costs that cut into their lifes plans.
More than twice as many retirees as last year report being worried about their financial situation and many are cutting spending or hiring financial professionals as a result.
 
 
 
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