IPA: /ˌsɛmɪrɪˈtaɪəˌmɛnt/
KK: /ˌsɛmɪrɪˈtaɪərmənt/
A situation where a person is not fully retired but works part-time or occasionally instead of full-time.
After years of hard work, she decided to enter semiretirement and only take on freelance projects.
Semiretirement → It is formed from "semi-" (meaning half) and "retirement" (from Old French *retirement*, meaning withdrawal or retreat). The word "semiretirement" refers to a state of being partially retired, where one may still engage in some work or activities while enjoying the benefits of retirement.
Think of 'half' ('semi-') and 'withdrawing' from work ('retirement') — that's why semiretirement means being partially retired.