Correct

告退

/ gàotuì /
Strokes

Definition

to petition for retirement (old)/to ask for leave to withdraw/to ask to be excused

Example

As a Verb

ask for leave (to withdraw from a party, meeting, etc)

1
huì
聚会
hái
méiyǒu
没有
jiéshù
结束
  
,
biàn
便
yǒu
ge
rén
客人
gàotuì
告退
le
  

Several guests had left before the party was over.

As a Verb

leave; depart

2
Jīnnián
今年
jiāng
yǒu
liǎng
míng
duìyuán
队员
guàxuē
挂靴
gàotuì
告退
  

Two players in the team will hang up their spikes/boots this year.

As a Verb

resign from an office