Refired

When someone old is fired from their job and they are too old to find a new job so they subsequently retire.

This term was coined by Eugene McBride in his novel “The considerations of family, life, and firefighting”

“Congratulations on retirement Bill”!
“Thank you Deborah. I was actually refired. This is a bad situation because I may lose my house over it. By the way, did you include cash in the retirement card”?

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