Robert Redford announces he is retiring from acting

Robert Redford is bidding farewell to Hollywood. The 81-year-old actor announced that he plans to retire after his role in the upcoming movie The Old Man & The Gun.

“Never say never, but I pretty well concluded that this would be it for me in terms of acting, and [I’ll] move towards retirement after this ’cause I’ve been doing it since I was 21,” Redford told Entertainment Weekly in an interview published on Monday, August 6. “I thought, ‘Well, that’s enough.’ And why not go out with something that’s very upbeat and positive?”

The Oscar winner said the “framework” of his forthcoming film helped him make the decision.

“To me, that was a wonderful character to play at this point in my life,” he said of his role as real-life career criminal Forrest Tucker. “The thing that really got me about him — which I hope the film shows — is he robbed 17 banks and he got caught 17 times and went to prison 17 times. But he also escaped 17 times. So it made me wonder: I wonder if he was not averse to getting caught so that he could enjoy the real thrill of his life, which is to escape?”

See photos of Robert Redford:

22 PHOTOS
Vintage photos of Robert Redford
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Vintage photos of Robert Redford
Actor Robert Redford in The Way We Were.
Robert Redford (left) as Sundance Kid and Paul Newman as Butch Cassidy in the 1969 western Butch Cassidy and the Sundance Kid. (Photo by �� John Springer Collection/CORBIS/Corbis via Getty Images)
Paul Newman as Henry Gondorff and Robert Redford as Johnny Hooker in the 1973 film The Sting. (Photo by �� John Springer Collection/CORBIS/Corbis via Getty Images)
American actor Robert Redford on the set of Jeremiah Johnson based on the novel by Vardis Fisher and directed by Sydney Pollack. (Photo by Sunset Boulevard/Corbis via Getty Images)
American flm star Robert Redford at the Cannes Film Festival. (Photo by �� Miroslav Zaj��c/CORBIS/Corbis via Getty Images)
American actor, director and producer Robert Redford on the set of his movie Quiz Show based on the book by Richard N. Goodwin. (Photo by Sunset Boulevard/Corbis via Getty Images)
American actor, director and producer Robert Redford. (Photo by Sunset Boulevard/Corbis via Getty Images)
American actor Robert Redford and actress and singer Barbra Streisand on the set of The Way We Were directed by Sydney Pollack. (Photo by Sunset Boulevard/Corbis via Getty Images)
(Original Caption) Robert Redford, moving into the director's chair for the first time, won the Oscar as Best Director for Ordinary People.
(Original Caption) : UNDATED-Robert Redford and Barbara Streisand share a scene in 'The Way We Were.' In 'Big Bad Wolves,' published by Pantheon Books, Joan Mellen writes that 'It is not only Gable who has seen his role in movies as one of perpetuating the image of male power. Robert Redford brings to the screen the same sensibility.' Redford and Streisand are shown embracing in this movie still. Movie released in 1973.
American actor Robert Redford on the set of Butch Cassidy and the Sundance Kid directed by George Roy Hill. (Photo by Twentieth Century Fox Film Corporation/Sunset Boulevard/Corbis via Getty Images)
(Original Caption) Actor Robert Redford. Redford wears a sweater with the letter 'W' on the front and a wide, white collar. ca. 1960's.
Robert Redford as presidential candidate Bill McKay in The Candidate (1972). (Photo by �� John Springer Collection/CORBIS/Corbis via Getty Images)
Robert Redford and Dustin Hoffman as Woodward and Bernstein, the reporters who broke the Watergate scandal, in All the President's Men.
(Original Caption) : REDFORD NARRATES SPECIAL; Actor and environmentalist Robert Redford is the off-camera narrator for 'The Predators,' the special examining the balance between predators and prey in the North American wilderness, to be colorcast on the NBC Television Network Thursday, May 19 (8-9 p.m., NYT). Ca. 1960s-1970s. Filed 4/22/1977.
Robert Redford Leaning on a Brick Wall (Photo by Herbert Dorfman/Corbis via Getty Images)
American actors Darryl Hannah and Robert Redford on the set of Legal Eagles written and directed by Ivan Reitman. (Photo by Sunset Boulevard/Corbis via Getty Images)
American actor Robert Redford on the set of The Electric Horseman directed by Sydney Pollack. (Photo by Sunset Boulevard/Corbis via Getty Images)
American actors Robert Redford and Meryl Streep on the set of Out of Africa based on the book by Karen Blixen and Judith Thurman, and directed by Sydney Pollack. | Location: Shaba National Game Reserve, Kenya. (Photo by Sunset Boulevard/Corbis via Getty Images)
American actors Sidney Poitier and Robert Redford on the set of Sneakers written and directed by Phil Alden Robinson. (Photo by Sunset Boulevard/Corbis via Getty Images)
British actor Ralp Fiennes (C), American actors John Turturro and Rob Morrow, surround actor, director and producer Robert Redford, on the set of his movie Quiz Show based on the book by Richard N. Goodwin. (Photo by Sunset Boulevard/Corbis via Getty Images)
American actors Robert Redford and Jane Fonda on the set of The Electric Horseman directed by Sydney Pollack. (Photo by Sunset Boulevard/Corbis via Getty Images)
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Robert Redford Retiring
Robert Redford and Paul Newman on the set of ‘Butch Cassidy and the Sundance Kid.’Twentieth Century Fox Film Corporation/Sunset Boulevard/Corbis via Getty Images

This might not be the last time Redford steps foot on set, though. When asked whether he sees himself directing future projects, he responded, “We’ll see about that.”

The Sundance Film Festival founder, who hinted in 2016 that he planned to retire soon, has starred in blockbusters including Butch Cassidy and the Sundance Kid (1969), The Sting (1973), All the President’s Men (1976) and Out of Africa (1985), among many others. He was honored with the Academy Award for Lifetime Achievement in 2002. He received a Presidential Medal of Freedom from Barack Obama in 2016.

Redford shares four children with his ex-wife, Lola Van Wagenen: Scott, 58, Shauna, 57, James, 56, and Amy, 47. He is now married to Sibylle Szaggars.

The Old Man & The Gun — which also stars Sissy Spacek, Danny Glover, Tom Waits and Casey Affleck — hits theaters on September 28.

24 PHOTOS
Jane Fonda and Robert Redford, Then and Now
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Jane Fonda and Robert Redford, Then and Now
VENICE, ITALY - SEPTEMBER 01: (EDITORS NOTE: Image has been desaturated.) Robert Redford and Jane Fonda walk the red carpet ahead of the 'Lean On Pete' screening during the 74th Venice Film Festival at Sala Grande on September 1, 2017 in Venice, Italy. (Photo by Alessandra Benedetti - Corbis/Corbis via Getty Images)
VENICE, ITALY - SEPTEMBER 01: (EDITOR NOTE: This image was created using a starburst filter) Jane Fonda and Robert Redford walk the red carpet ahead of the 'Our Souls At Night' screening during the 74th Venice Film Festival at Sala Grande on September 1, 2017 in Venice, Italy. (Photo by Pascal Le Segretain/Getty Images)
VENICE, ITALY - SEPTEMBER 01: (EDITORS NOTE: This image was processed using digital filters.) Robert Redford and Jane Fonda walk the red carpet ahead of the 'Our Souls At Night' screening during the 74th Venice Film Festival at Sala Grande on September 1, 2017 in Venice, Italy. (Photo by Jacopo Raule/FilmMagic)
Robert Redford and Jane Fonda attends the 'Our Souls At Night' photocall at the 74th Venice Film Festival, on September 1, 2017. (Photo by Matteo Chinellato/NurPhoto via Getty Images)
VENICE, ITALY - SEPTEMBER 01: Jane Fonda and Robert Redford walk the red carpet ahead of the 'Our Souls At Night' screening during the 74th Venice Film Festival at Sala Grande on September 1, 2017 in Venice, Italy. (Photo by Ernesto Ruscio/Getty Images)
VENICE, ITALY - SEPTEMBER 01: Robert Redford and Jane Fonda arrive at the 'Our Souls At Night' premiere during the 74th Venice Film Festival on September 1, 2017 in Venice, Italy. PHOTOGRAPH BY P. Lehman / Barcroft Images London-T:+44 207 033 1031 E:hello@barcroftmedia.com - New York-T:+1 212 796 2458 E:hello@barcroftusa.com - New Delhi-T:+91 11 4053 2429 E:hello@barcroftindia.com www.barcroftimages.com (Photo credit should read P. Lehman / Barcroft Images / Barcroft Media via Getty Images)
VENICE, ITALY - SEPTEMBER 01: Robert Redford and Jane Fonda receive the Golden Lion Lifetime Achievement Award during the 74th Venice Film Festival on September 1, 2017 in Venice, Italy.(Photo by Alessandra Benedetti - Corbis/Corbis via Getty Images)
VENICE, ITALY - SEPTEMBER 01: Robert Redford and Jane Fonda attend the 'Our Souls At Night' photocall during the 74th Venice Film Festival at Sala Casino on September 1, 2017 in Venice, Italy. (Photo by Franco Origlia/Getty Images)
VENICE, ITALY - SEPTEMBER 01: Robert Redford and Jane Fonda attend the 'Our Souls At Night' photocall during the 74th Venice Film Festival on September 1, 2017 in Venice, Italy. (Photo by Stefania D'Alessandro/WireImage)
VENICE, ITALY - SEPTEMBER 01: (EDITORS NOTE: This image has been converted to black and white) Robert Redford and Jane Fonda attend the 'Our Souls At Night' photocall during the 74th Venice Film Festival at Sala Casino on September 1, 2017 in Venice, Italy. (Photo by Franco Origlia/Getty Images)
Robert Redford and Jane Fonda attends the 'Our Souls At Night' photocall at the 74th Venice Film Festival, on September 1, 2017. (Photo by Matteo Chinellato/NurPhoto via Getty Images)
(GERMANY OUT) Jane Fonda *21.12.1937- actress, USAwith Robert Redford in the movie 'Barefoot in the park'- 1967 (Photo by ullstein bild/ullstein bild via Getty Images)
American actors Jane Fonda and Robert Redford on the set of Barefoot in the Park directed by Gene Saks. (Photo by Sunset Boulevard/Corbis via Getty Images)
American actress Jane Fonda wearing a bra and dancing beside the American actor Robert Redford in Barefoot in the Park. 1967 (Photo by Mondadori Portfolio via Getty Images)
UTAH, USA - MARCH 01: Robert Redford and Jane Fonda relax on the set of the film 'The Electric Horseman', directed by Sydney Pollack on March 1, 1979 in Utah, USA. (Photo by Anwar Hussein/Getty Images)
March 1979: Film stars Robert Redford and Jane Fonda stroking a horse during the shooting of 'Electric Horseman' a Columbia/Universal production directed by Sydney Pollack. (Photo by Ernst Haas/Ernst Haas/Getty Images)
American actors Robert Redford and Jane Fonda as Paul and Corie Bratter, in 'Barefoot In The Park', directed by Gene Saks, 1967. (Photo by Silver Screen Collection/Getty Images)
(GERMANY OUT) Redford, Robert *18.08.1936- Schauspieler, Regisseur, Produzent, USA - Szene mit Jane Fonda in dem Film 'Barfuss im Park' ('Barefoot in the Park'), Regie: Gene Saks - 1967 (Photo by ullstein bild/ullstein bild via Getty Images)
American actors Robert Redford and Jane Fonda on the set of Barefoot in the Park directed by Gene Saks. (Photo by Sunset Boulevard/Corbis via Getty Images)
American actors Robert Redford and Jane Fonda in a promotional portrait for 'Barefoot In The Park', directed by Gene Saks, 1967. (Photo by Silver Screen Collection/Getty Images)
NEW YORK - MARCH 11: *EXCLUSIVE COVERAGE* Robert Redford and Jane Fonda, who co-starred in the films 'Barefoot in The Park', 'The Chase' and 'The Electric Horseman,' pose backstage at '33 Variations' on Broadway at The Eugene O'Neill Theatre on March 11, 2009 in New York City. (Photo by Bruce Glikas/FilmMagic)
American actors Robert Redford and Jane Fonda in a promotional portrait for 'Barefoot In The Park', directed by Gene Saks, 1967. (Photo by Silver Screen Collection/Getty Images)
NEW YORK, NY - APRIL 27: (EXCLUSIVE COVERAGE) Jane Fonda, Honoree Robert Redford and Barbra Streisand attend the 42nd Chaplin Award Gala at Alice Tully Hall, Lincoln Center on April 27, 2015 in New York City. (Photo by Kevin Mazur/Getty Images)
NEW YORK, NY - APRIL 27: (EXCLUSIVE COVERAGE) Jane Fonda and honoree Robert Redford speak onstage at 42nd Chaplin Award Gala at Alice Tully Hall, Lincoln Center on April 27, 2015 in New York City. (Photo by Jim Spellman/WireImage)
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