A week after Ferguson announced his retirement, one of his most famous old boys has done so as well.
Beckham will play his last game for Paris St Germain against Lorient on May 26, ending one of the most high-profile careers the game has ever known.
And Ferguson is sure that, at 38, the former England captain has made the right decision.
"He's picked the right time," the Scot said.
"He's won the league again with PSG and he is exactly the same as myself in that he'll have plenty of things to do.
"Fashion will be his role I would imagine, but he's a young man and he'll certainly have plenty of things to do."
Ferguson and Beckham have patched up the differences that saw the midfielder eventually leave Old Trafford in 2003.
The Red Devils boss had become frustrated at the influence pop star wife Victoria was having on Beckham and, after winning six titles and the Champions League, he joined Real Madrid for £25million.
He went on to win league titles in Spain, the United States and now France, managing to resume his England career despite relocating to America to spend five years with Major League Soccer side the Los Angeles Galaxy.
"He is an amazing person and when it comes to longevity and reinventing himself - David has been absolutely incredible," Ferguson said.
"When he went to America there wasn't a person in this place who thought he would really have a career.
"Yet he still went on and played for his country and for Milan and PSG in European ties.
"The one thing he always had was unbelievable stamina.
"He could run all day and that has allowed him to stay in the game and play for his country into his mid-30s."