The truth is that Hollywood actor Jack Nicholson is not retiring, despite the rumors, at least according to NBC's Maria Shriver.

The buzz about Nicholson's possible retirement for reasons of memory loss was reported and repeated around the web; check out the video in this story, which claims he is retiring.

Shriver tells E! that Nicholson is not only not retiring, but he is not suffering from any memory-related illness or dementia.

Nicholson is 76 years old.