The distant cousin of a sabbatical, the miniretirement refers to young workers taking a chunk of time out of their careers to travel, focus on passions or pick up a new side gig while they’re young, rather than waiting until their 60s. […] “For example, we’re far more likely to freelance or do contract work than previous generations. I hope that as we become a bigger part of the workforce, miniretirements become more doable and more normalized.”
Source: wiktionary