Retirement is such a loaded word because to many it means "wealthy enough to do whatever they want", whereas traditionally it meant "no longer useful to employers". In the former case we have stories of 20-somethings "retiring", the word repurposed into just a meaningless boast.

In the no longer useful to employers vein, in the working class town I grew up in there was a common observation that retirement was a harbinger of death. That when someone retired their lifestyle would quickly decline to sedentary decay, boredom medicated with alcohol (or other things). Death would quickly follow.

As an aside, tangentially there's a wonderful passage from Mark Twain in Tom Sawyer -

“Work consists of whatever a body is obliged to do. Play consists of whatever a body is not obliged to do.”