In failing health, Lange retired from Parliament before the 1996 general election. In his valedictory speech, he reflected on the pain caused by his government's economic reforms: "I want to thank those people whose lives were wrecked by us. They had been taught for years they had the right to an endless treadmill of prosperity and assurance, and we did them. People over 60 hate me. They hate me because I was the symbol of what caused that assurance of support and security to be shattered. That is something that has always been part of my burden." His Labour Party colleague Taito Phillip Field succeeded him as the member for the Mangere electorate.