Sentence:  Mr. Reama , who <WSD>retired</WSD> as vice president of the American Screw Co. in 1955 said , `` Both parties in the last election told us that we need a five per cent growth in the gross national product - but neither told us how to achieve it '' . 
Meaning of the word marked with <WSD> tags:  go into retirement; stop performing one's work or withdraw from one's position