Giggs, who is set to be offered a new contract through to 2011, insists he will never play for another club.
“It is a case of seeing how I feel at the end of each season,” Giggs told The Times.
“I’ll have to ask myself if I am still enjoying it and motivated to come in to training each day.
“When I finish with United, that’s it. I won’t play for another club.”
“I think it will be me,” replied Giggs when asked who he believed would retire first of him and Fergie.
“The manager is as good as ever and will go on for a long time. I can still see him as manager of United in five years’ time, easily, because as long as he is healthy he will have the desire to carry on.
“He has a great team around him, he has his passions away from the game and can get away with his horse racing. When he comes back to football he is refreshed, and I know he still has that desire.”
He added on Sir Alex: “Our relationship has never been better. It has evolved.
“He speaks to me like a friend and asks for my advice, which gives me tremendous confidence.
“We still argue, which is normal, we are all winners.
“The younger players still fear him, but not like when I was their age. He has mellowed, he isn’t near as frightening as 20 years ago.”