Weightlifter Laurel Hubbard has announced her plans to retire from weightlifting following her participation at the Tokyo Olympics.

Hubbard, who became the first transgender athlete to compete individually at the Olympics, has suggested that she should think about "hanging up the boots."

As per The Telegraph, Hubbard spoke with a New Zealand broadcaster, where she revealed that "age has caught up with me."

"In fact if we're being honest it probably caught up with me some time ago," she added.

"My involvement in sport is probably due, if nothing else, to heroic amounts of anti-inflammatories, and it's probably time for me to start thinking about hanging up the boots and concentrating on other things in my life."

Hubbard also added that she hopes to "provide some sense of encouragement" to others, LadBible reports.

"I'm not sure that a role model is something I could ever aspire to be, instead I hope that just by being I can provide some sense of encouragement," she said.

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Hubbard qualified for the Tokyo Games after amendments were made to the International Olympic Committee qualifying guidelines in 2015. The changes, which received criticism, allowed trans athletes to compete as long as their levels of testosterone were 10 nanomoles per litre for at least twelve months prior.

Despite the controversy in regards to her participation, Hubbard competed in the women's weightlifting event on Monday, sadly finishing in last place.

Hubbard made 3 attempts, but with a shaky performance, she was unfortunately knocked out of the competition.

When asked by the New Zealand broadcaster how she had been dealing with all the scrutiny for her participation, Hubbard said she just gets "on with it" now, as she has done what she can.

"That's a good question. I'm not sure it's possible for any person to really block out everything that is happening in the world but you do what you can and get on with it," she said.