Longman Dictionary of Contemporary English
Wiktionary
n. A multi-residence housing facility intended for the elderly.
Wikipedia
A retirement home – sometimes called an old people's home or old age home, although this term can also refer to a nursing home – is a multi-residence housing facility intended for senior citizens. Typically, each person or couple in the home has an apartment-style room or suite of rooms. Additional facilities are provided within the building. This can include facilities for meals, gatherings, recreation activities, and some form of health or hospice care. A place in a retirement home can be paid for on a rental basis, like an apartment, or can be bought in perpetuity on the same basis as a condominium.
A retirement home differs from a nursing home primarily in the level of medical care given. Retirement communities, unlike retirement homes, offer separate and autonomous homes for residents.
Usage examples of "retirement home".
One thing I'msure of, I shall not drift into retirement and spend my days hanging around Froxbury Mansions in a dressing-gown, nor shall I ever repair to the Golden Gate retirement home, Weston-super-Mare, and sit in the sun lounge retelling the extraordinary case of the Judge's Elbow, or the Miracle in the Ecclesiastical Court which saved a vicar from an unfrocking.
He examined the large top camp and decided it would make an appropriate country retreat and eventual retirement home for the world's leading unknown Egyptologist.
His father wasn't inclined to go anywhere and the village wasn't set up like a retirement home where there might be specific visiting hours.
Where had the sign come from and why had old Menelik seen fit to hang it over the door of his retirement home?
You're not going to be buying a private asteroid as your retirement home, but you're not going to miss that regular paycheck, either.
Couples who'd bought a retirement home for $65,000 found out the hard way that its market value was $40,000.