[apalmer]

But you are not actually retired. Seems more in line with what the article is saying.

[mlyle]

It's all semantic-- the income I derive from work is irrelevant to my quality of life, and I work completely by choice.

[grog454]

From a financial standpoint he/she could be retired. Teaching in public education (my assumption) isn't particularly lucrative so it mostly depends on his/her lifestyle and spending.