If we explain retirement, it’s the disposal of a fixed asset when its useful life is completed. But in our general life, when a person reaches the age of 60-65, he stops working and ends his employment career. In many countries, the ideal age of getting retirement is 65 but many people choose to retire early or later than age according to their financial needs and health issues. As long as a person is working, he earns money for his living expenses. Sample Retirement letters help you to inform your retirement to the management. So the company can hire a new person for the specific position.
Once a person is retired, means he is no longer going to get any salary or payment from anywhere. So as a person starts his career, he also plans his retirement and saves some money in form of a retirement fund. After his retirement, he gets money from his pension plan, retirement fund, and social security and from the savings account.
Importance of Retirement Letters:
Informing your employer about your retirement is a standard procedure. It starts when you write a retirement letter to your superior. It’s an official and very formal letter and only exists in the office or business world. Employers deal with this kind of letter on a regular basis. This letter may state that you are retiring early or on time as you were supposed to.
When you write this letter, you actually request your employer to start your retirement process. It involves getting you an assistant who will assist you and learn from you in his or her training period. This is an essential step to make sure that you transfer your duties in full to the new employee who is going to work in your position. After that, the company arranges cash finances to give you your retirement fund that your office is deducting since you started your job in the company. According to your designation, the retirement fund may vary from $50,000 to $1000000. The employer also starts the process of your pension which you will get until the day you die. This pension is also directly related to your salary figure like the higher the salary was more the pension will be.
General Guidelines to Write a Retirement Letter:
- This is strictly a formal letter so you shouldn’t handwrite it but type it or compose it on the computer. It would be much better if you use the company letterhead too.
- You are working in the company for so long so you do know who your department head is. If he is the one whom you address in the letter or should you write the letter to the central HR department? Once you have figured that out, but the addressee’s name, designation, and department name on the letter.
- Start the letter with a proper and respectful salutation like “Dear sir”. After that write the full name of the person you are writing to.
- There is no need to make it too long or discuss things that are not relevant. Keep it short and concise and come to the point at the very beginning of the letter.
- State the reasons you are retiring such as health problems, family issues, or if you have decided to start your own business.
- Provide a little history of your employment and work with the company. Write the benefits it achieved because of your hard work and skills.
- After that make a request to start the retirement process as soon as possible so that you don’t have to stick around for a long time.
- Finish the letter by stating that you really enjoyed your time in the company and your superiors were really supportive of you. In the end, put your full name and signature by hand and close the letter.
Free Sample Retirement Letters:
Sample Letter #1 (Retirement Letter)
James Smith
House #5, Street #6
London
1 September 2022,
John Stiff
President of ABC Manufacturing
Street #13 London
Dear Mr. John,
This letter is written to serve as an official notice of my retirement from ABC Manufacturing effective from September 1, 2022.
My time with your company was very good, and I am thankful to have me on board. I have worked in the manufacturing division for the last 20 years and it is a very good experience. I had a great time with all of my team members.
This was not an easy decision but the reason behind this decision is my wife and I have found a small home in California where we both will spend the rest of our days. That’s why I am informing you that I will not be able to contribute to the company anymore.
ABC Manufacturing will always have a great place in my heart and I will always keep you all remember.
Thank you for the opportunity and best of luck for the future.
Sincerely,
Your Name
Sample Letter #2 (Retirement Letter)
James Smith
House #5, Street #6
London
1 September 2022,
John Stiff
President of ABC Manufacturing
Street #13 London
Dear Mr. John,
I have written this letter to inform you about my last day at work at ABC organization will be September 01, 2022. On that day I will leave the organization and will be retired. I want to spend 20 years in your organization but now I want to spend the remaining days of my life with my family.
I am very excited about my retirement and would like to say thank you for the opportunities that I have experienced. I have enjoyed my whole period of employment with all my team members. I will miss you, my colleagues, and my co-workers.
I want to work till my retirement date and will be happy to help you make an easy and smooth transition.
For further queries just contact me.
Thank You,
Sincerely,
Your Name
Sample Letter #3 (Retirement Letter)
James Smith
House #5, Street #6
London
1 September 2022,
John Stiff
President of XYZ Manufacturing
Street #13 London
Dear Mr. John,
I have written this letter to officially inform you about my retirement. The day has arrived and I will be officially retiring from XYZ Organization on August 01, 2022.
I know it will be a great surprise for you. The past 20 years were very excellent, and I had a great time in your organization. Leaving this organization is a painful thing for me. But my wife is sick and I am also aged. I cannot provide my services. I want to spend the remaining days of my life with my beloved wife.
I will always be grateful for all the opportunities that I have experienced in your organization.
Yours Truly,
Your Name
Sample Letter #4 (Retirement Letter)
John Stiff
House #5, Street #7
London
1 September 2022,
Watson Willaim
President of CFG Manufacturing
Street #13 London
Dear Mr. Watson,
I want to announce my retirement from the CFG organization I will be retired on September 01, 2022. I have spent 20 years of my life in your organization.
I am very grateful to work in your organization with some wonderful and talented colleagues. I had a great time in your organization. It is a painful period for me to leave this organization. I have devoted a great period of my life to the betterment of this organization. It was a great time, and I enjoyed it a lot. But now I am aged and cannot provide my services to the organization.
I want to spend the rest of my life with my family and friends.
If you have any further queries, then contact me.
Sincerely,
Your Name.
Sample Letter #5 (Retirement Letter)
John Stiff
House #5, Street #7
London
1 September 2022,
William James
President of XYZ Organization
Street #13 London
Dear Mr. William,
I am writing this letter to inform you about my upcoming retirement from the position of IT Manager at XYZ Organization. Considering my notice of two months, my last day will be 30 September 2022.
I am very thankful to you and everyone at XYZ Organization for the opportunities and support. I have given 20 years of my life to your organization and it was a very pleasant experience to work in a fully professional environment.
Let me know if there is something that I can do for you to transition easily. If you need any kind of support in the future, then just let me know, and will be there to help you out.
Thank you once again for all the opportunities and wish you the best of luck in the future.
Sincerely,
Your Name
