When planning ahead, academic institutions have to take into account issues relating to staff retirement. Implicit in this is the desirability of retaining knowledge and transferring skills to other academics so that high standards of scholarship can be maintained. While this may involve trying to retain key academic staff for as long as possible it has to be borne in mind that they will have different attitudes to retirement and may wish to retire as soon as it is possible for them to do so. Nevertheless, in the area of business and management studies there are ample opportunities to make use of the skills and experience of staff who might consider retiring and to have them work alongside other staff so that these skills may be passed on. Similarly, there is also scope to make use of the skills of academics who, having retired, are no longer in paid employment. This chapter addresses various issues relating to these matters.