It is quite unclear whether Jack Nicholson is retiring from acting or not. A report from Radar Online has revealed that the 76-year-old actor will retreat from movie industry because of his failing memory and certain health concerns.

An insider told Radar, “Jack has — without fanfare — retired,” adding, “There is a simple reason behind his decision — it’s memory loss. Quite frankly, at 76, Jack has memory issues and can no longer remember the lines being asked of him. His memory isn’t what it used to be.”

Jack will no longer appear in movies but he will stay in public life, according to the source. “He’s not retiring from public life, at all. He just doesn’t want a tribute. He’s happy to tacitly join the retirees club like Sean Connery,” the insider said.

On the other hand, Nicholson’s representative has dismissed reports about his retirement, saying that the actor is “suffering no memory loss” and is currently reading scripts for “future film projects”. Maria Shriver, who works as a reporter for NBC, also claims that Jack has no plans to step away from his Hollywood career anytime soon.

Another source close to the actor said he is actively reading scripts at the moment and is looking forward to his next role.

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