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This question is about retirement wishes.
You say, "Congratulations on your retirement," "You will be missed," "Enjoy your well-earned rest," or something similar to congratulate someone retiring. A variety of well-wishes are usually appropriate to say to someone who's retiring, but make sure you keep it appropriate to the situation.
If you barely know the person, something general will be more appropriate than an inside joke or memory, while these can carry a significant amount of weight for people you know well.

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