jubilación
/xubilaˈθjon/ · B2 · noun · f
retirement
👴🏖️ jubilación = jubilant + -ación: the joyful (jubilar) act of finally stopping work
From Spanish jubilar, 'to retire', from Latin iubilare, 'to shout for joy'. Retirement was treated as a joyful release from work. Link the shared root with English jubilant: jubilación is the jubilant stage of life.