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In this video tutorial, the presenter explains how to write a retirement letter, defined as a formal document notifying an employer of an individual's intention to retire. Key elements of the letter include the retirement date and expressions of gratitude for years of service. The presenter emphasizes the importance of this letter for initiating the retirement process and making necessary arrangements. The tutorial provides a step-by-step guide, starting with the inclusion of personal information at the top or left side of the letter, which should include the individual's full name, home address, and other relevant contact details.