The Gypsy King has stressed how the recent victory over Dillian Whyte will be the last fight of his career and Steward can understand why the world champion wants to walk away from the ring.
The trainer told Sky Sports: "For me it was very simple. It was like 'Okay, that's what you want to do? That's fine.
"Tyson came to me and wanted to win the Deontay Wilder rematch, I helped him do that, I was okay with that. Now his decision to retire I'm happy to help him with that too.
"We barbeque, we take trash out to the tip, we just live regular right now. He still trains, he still works out, it's something he loves to do, I'm happy with his decision and for him to be able to be with his family and spend time with them.
"This man has been working his whole life doing that to have his family be a part of that. Being able to take care of them, do things and have adventures with them. I'm very happy for him."
Steward believes that Fury could backtrack on his decision but only if he is able to fight the opponents he wants.
He said: "There are a lot of fighters that have been retired and come out of retirement. There are a lot of fighters that have been retired and stay retired. It's just up to Tyson Fury, I stand by his decision.
"For him being retired I'm happy because that's what he wants. I know a lot of the retirement has to do with not getting the fights he wants and it's really mentally challenging to be offered fights and go through negotiations for fights and then for them to fall through at the end."