How does retiring/gens work?

[Warlord_Lawrence]

If you retire does your character get reset? Does a new character take his place? Do you lose your stuff, if so couldn't you transfer items before retiring? How does this work in general? Thanks!

Edit: So if you have heavy armor that requires higher strength, you can't use it right?

[Harald]

You must be at least level 31 to retire. When retiring you will get 1 heirloom point you can spend on any item to improve it, more experience per tick and an optional name & gender change. You don't lose items and you start at level 1 again.

[Molly]

Harald beat me to it.

[CrazyCracka420]

If you retire does your character get reset? Does a new character take his place? Do you lose your stuff, if so couldn't you transfer items before retiring? How does this work in general? Thanks!

Harald's post should answer these questions, but specifically:

Your character gets reset when you retire, and it creates a "new" character (basically think of it like the son or daughter of the person retiring).  Your skills/attributes are reset, you keep all your gold and equipment. 

[Warlord_Lawrence]

So if you have heavy armor that requires higher strength, you can't use it right?

[Molly]

No, you can't use it straight away cuz you're starting over with 3 str and 3 ath. Like a level 1 character...

But you keep it in your inventory.

[Grumbs]

Tip for levelling: Concentrate on a small amount of skills you want to boost and then convert skill points to stats so you max those out first. You can get 6 powerstrike and wear good armour at like level 13 doing that. But without athletics and as a newbie you might as well wear cheap gear. You will be more useful being able to take some hits and doing some damage though than being bad at everything

Later on you can start converting stats to skills to get other skills you want. Use http://alpha-lider19.ru/MB/ to plan it out

[Penitent]

Another tip: if/when you retire, don't just upgrade a piece of equipment right away.  Look on the marketplace first, as people will trade a +1 item plus gold (30-100k) for an heirloom point.  This way you can become quite wealthy for a new player and not have to worry about that aspect.

Most people recommend looming a weapon or hand armor first.  I like having an heirloomed weapon if nothing else.

[Carthan]

So if you have heavy armor that requires higher strength, you can't use it right?

Your build will be set to 3/3 for strength and agility, meaning you will not be able to use anything with more requirements then that amount, so you will have to level up and get more points so you can use it.
That means hardly any shields, ranged weapons, or most armors for the moment.