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Discover LudwigThe phrase "are retired" is correct and usable in written English.
You can use it when referring to individuals who have stopped working, typically after reaching a certain age or after a long career.
Example: "Many of my colleagues are retired now, enjoying their time traveling and spending time with family."
Alternatives: "have retired" or "are no longer working".
Dictionary
are retired
verb
To stop working on a permanent basis, usually because of old age or illness.
Exact(60)
Her parents are retired.
Another 20% are retired.
Both are retired.
Two jurors are retired.
The groom's parents are retired.
The bridegroom's parents are retired.
His parents are retired teachers.
His parents are retired.
Many are retired.
They are retired now.
All are retired now.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com