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Retirement 101: How to Write a Letter of Intent to Retire

4 min read

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By Kelsey Miller

Learn how to write a letter of intent to retire. These tips can help you streamline the process and avoid any pitfalls when putting in for retirement.

If you have your finances lined up and find going to work every day more of a chore than a joy, it might be time to start putting your retirement plans into effect. When you’re ready to retire and start traveling, relaxing or taking up that hobby you’ve been interested in for years, it also means it’s time to put together a letter of intent to retire for your employer.

What Is a Letter of Intent to Retire?

A retirement letter, or letter of intent to retire, is much like any resignation letter, but since you won’t be starting a new job afterward, you have some flexibility in terms of what you can offer the company you’re leaving. After all, you spent years developing organizational knowledge and professional expertise. It may not be an easy task to replace you.

Take the time to discuss your plans with your supervisor before you write a formal letter announcing your plans. This gives you time to:

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What to Include in a Letter of Intent to Retire

You should not draft your letter of intent to retire until after you’ve notified your supervisor. Once you have completed that task, you can sit down and put together a formal notice that you intend to leave. Tackle this letter the same way you would any business correspondence. You want it to be grammatically correct, typo-free and easily readable. If you are not sure where to start, use a sample letter of intent to retire as a reference. When writing your letter, make sure it includes all of the correct information. Be sure to:

A notice of intent to retire sets the process in motion. Once you turn in that letter, your employer starts the hiring process and paperwork required to begin delivering any retirement benefits, which will hopefully result in a happy, healthy post-career life for you.

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