Retirementize
×

The Best Retirement Gift: Thoughtful, Fun and Unforgettable Ideas

Tracy Gillis by Tracy Gillis - October 2020

Retirement is a major milestone. After decades of work, routines, deadlines and early mornings, someone is finally entering a completely different chapter of life.

That makes choosing a retirement gift a little different from buying a typical birthday or holiday present. The best retirement gifts don't necessarily have to be expensive. They should recognize the person's accomplishments while giving them something they can enjoy in the years ahead.

Whether you're shopping for a spouse, parent, friend, coworker, employee or boss, here are some ideas ranging from traditional keepsakes to experiences that are a little more outrageous.

1. Traditional Retirement Gifts That Still Work

Sometimes the best retirement gift is a classic. A thoughtful keepsake can remind someone of the people, accomplishments and experiences that defined their working years.

  • Personalized watch: A watch can symbolize the years someone invested in their career while also representing the freedom to spend time however they choose.
  • Personalized jewelry: An engraved bracelet, necklace, pendant or other piece can make a meaningful gift for a spouse, parent or close friend.
  • Memory book or scrapbook: Collect photographs, stories and messages from coworkers, friends and family to create something that cannot simply be purchased in a store.
  • Personalized retirement plaque: A plaque recognizing years of service can be particularly appropriate for someone retiring after a long career.
  • Framed photograph: A memorable team photo, workplace photograph or family picture can turn into a lasting reminder of an important chapter.
  • Personalized hobby gift: Consider something connected to what the retiree plans to do next—golf, gardening, cooking, photography, woodworking, travel or another favorite activity.

The advantage of a traditional gift is that it can be both personal and appropriate, particularly when the gift is coming from coworkers or an employer.

2. Give an Experience Instead of an Object

Retirement often means having something many working people don't have enough of: time.

That makes an experience an especially appropriate retirement gift. Instead of giving someone another item to put in a closet, give them something they can remember.

  • Hot-air balloon ride: A memorable adventure for someone who enjoys trying something different.
  • Weekend getaway: Pay for a hotel, cabin or resort stay and give the retiree an excuse to get away for a few days.
  • Concert or theatre tickets: Choose an artist, show or event you know the retiree will appreciate.
  • Cooking or hobby class: A cooking, photography, woodworking, art or other class can give the retiree something new to learn.
  • Spa or wellness experience: A massage, spa day or wellness package can be a great way to mark the transition into retirement.
  • Outdoor adventure: Consider fishing, hiking, kayaking, skiing, golf or another activity that matches the retiree's interests.

The best experience gift is one that reflects the person rather than simply being expensive.

3. Travel-Themed Retirement Gifts

Many people dream about traveling more once they leave the workforce. A travel-themed retirement gift can therefore be both practical and inspirational.

  • Travel voucher: Contribute toward airfare, accommodations or another part of a future trip.
  • National or provincial park pass: A park pass can encourage the retiree to explore the outdoors and take advantage of their new free time.
  • Personalized travel map: Give them a map to mark the places they've visited or the destinations they hope to explore.
  • Quality luggage: A durable suitcase, carry-on or travel bag can be useful if retirement means more frequent trips.
  • Travel accessories: A passport holder, luggage organizer, travel journal, portable charger or comfortable travel gear can make a practical gift.
  • Contribution toward a dream trip: You don't have to pay for an entire vacation. Even a contribution toward a special trip can make a meaningful retirement present.

For more inspiration, check out our 101 Best Ways to Spend Retirement for ideas about how to make the most of the years ahead.

4. Funny and Outrageous Retirement Gifts

If the retiree has a good sense of humor, retirement is a perfect opportunity to have some fun.

The trick is knowing your audience. A funny gift works best when it celebrates the retiree rather than making fun of them.

  • "World's Best Retiree" trophy: Go completely over the top with a custom trophy or medal.
  • Retirement survival kit: Fill a box with humorous items representing their new lifestyle—coffee, sunglasses, a sleep mask, hobby supplies, snacks and a "no alarm clock" certificate.
  • Personalized retirement T-shirt: A funny phrase about sleeping in, golfing or finally escaping meetings can make an entertaining group gift.
  • Custom caricature: Have the retiree illustrated enjoying their new life, whether that means fishing, traveling, golfing or relaxing on a beach.
  • Celebrity video message: Depending on availability and budget, a personalized video message from a celebrity or entertainer can be an unforgettable surprise.
  • Ridiculously large gift: For the right person, the joke can be the presentation itself. Put a small meaningful gift inside several progressively larger boxes.

Sometimes the funniest retirement gift costs very little. A carefully planned joke involving the retiree's personality or workplace history can become one of the stories everyone remembers.

5. Gifts for the Retiree's New Hobby

One of the best questions to ask when shopping for a retirement gift is: What does this person want to do now that they have more time?

If retirement is going to mean more time for a hobby, help them get started.

  • Golf: Golf lessons, equipment, a course gift card or personalized accessories.
  • Gardening: Quality tools, raised garden beds, planters or a greenhouse project.
  • Photography: Camera accessories, a photography course or a photo printing service.
  • Cooking: Specialty cookware, a cooking class or ingredients for a favorite cuisine.
  • Woodworking: Tools, project materials or a class.
  • Fitness: Exercise equipment, lessons or a membership that matches their interests and abilities.
  • Reading: A collection of books, an e-reader or a bookstore gift card.

6. Gifts From Coworkers

A retirement gift from coworkers should usually strike a balance between professional recognition and personal appreciation.

A group contribution can make it possible to give something more substantial without requiring any individual coworker to spend a large amount.

Good group-gift options include:

  • A personalized plaque or framed photograph.
  • A collection of messages from colleagues.
  • A restaurant or travel gift card.
  • A hobby-related gift.
  • Tickets to a special event.
  • A contribution toward a planned vacation.
  • A custom retirement book filled with workplace memories.

If the retiree has spent many years with the same organization, the personal messages from coworkers may ultimately mean more than the monetary value of the gift.

7. Gifts From an Employer

Employers have an opportunity to recognize both the employee's contribution and the significance of the transition.

Depending on company policy and the circumstances, an employer might consider:

  • A personalized recognition award.
  • A framed certificate commemorating years of service.
  • A retirement celebration.
  • A meaningful travel or experience gift.
  • A company-sponsored group celebration.
  • A contribution toward a charitable cause chosen by the retiree.

If an employer is considering a cash payment, bonus or other financial benefit, the tax treatment can be different from that of a simple personal gift. Companies should therefore consider their own payroll and tax requirements rather than assuming that every retirement gift receives the same treatment.

8. Gifts for a Parent or Spouse

Retirement gifts become even more personal when you're celebrating someone close to you.

For a parent or spouse, consider giving something that reflects the life you're about to enjoy together rather than simply commemorating the career that is ending.

  • A family trip: Plan a vacation or weekend away together.
  • A memory collection: Gather photographs and letters from children, grandchildren, friends and other family members.
  • A special dinner: Arrange a memorable meal at a favorite restaurant or at home.
  • A hobby experience: Book something you've always talked about doing together.
  • A retirement adventure: Give them the first experience in what could become a long list of retirement adventures.

9. Give the Gift of Time

One of the most meaningful retirement gifts may cost almost nothing.

Offer to spend time with the retiree. Take them hiking. Plan a fishing trip. Help with a home project. Take them out for lunch. Visit them regularly. Offer to accompany them on a trip.

Retirement can be a major social transition. A gift that creates an opportunity for connection can be far more valuable than another physical possession.

10. The Best Retirement Gift May Be Something They Actually Need

Before spending a lot of money on a retirement gift, consider asking what the retiree actually wants.

Someone who has just retired may be preparing for a major financial transition. They may appreciate a practical gift toward something they were already planning to purchase rather than an expensive object they don't need.

A contribution toward travel, a hobby, home improvements or another retirement goal can therefore be surprisingly thoughtful.

Fun Facts About Retirement Gifts

  • Experience gifts can create memories rather than adding another physical item to someone's home.
  • Personalized gifts often become keepsakes because they connect the present to a specific person, workplace or milestone.
  • Retirement gifts don't have to commemorate the end of work. They can also celebrate the beginning of a new chapter.
  • One of the most valuable things a retiree receives may be encouragement to actually use the free time they've spent years working toward.

How to Choose the Best Retirement Gift

If you're still unsure what to buy, start with four simple questions:

  1. What does the retiree enjoy? Think about hobbies, travel, sports, family and interests.
  2. What are they planning to do in retirement? The answer may reveal the perfect gift.
  3. How close are you? A spouse or family member can usually choose something much more personal than a coworker.
  4. Would they rather have an object or an experience? This one question can eliminate half the possibilities.

Final Thoughts on the Best Retirement Gift

The best retirement gift isn't necessarily the most expensive, impressive or outrageous one. It is the gift that makes the retiree feel recognized and appreciated while giving them something that fits the life they are about to begin.

That could be a personalized keepsake, a funny retirement joke, a new hobby, a travel experience, a family adventure or simply a heartfelt collection of memories from the people who matter most.

And perhaps the most appropriate retirement gift of all is something that reminds the retiree that they now have permission to enjoy their time.

For more ideas about making the most of retirement, explore our 101 Best Ways to Spend Retirement .


Ready to plan the financial side of your next chapter? Use Retirementize to explore your retirement income, spending and long-term financial plan.