The Manchester United manager turns 69 next month, but has no plans to relinquish the post at Old Trafford which he has held since 1986.
And providing he remains healthy Ferguson is set to remain with the Red Devils for the foreseeable future.
"Retirement is for young people," Ferguson said. "I'm too old to retire. I would have nothing to do.
"As long as my health is good, I will carry on - my family will make this decision."