After retiring Lane continued teaching boxing in the Muskegon area. He ran the boxing program at the Muskegon Area Boxing Club. In 1995, British singer
Morrissey released an album called
Southpaw Grammar. The cover featured an old photograph of Lane from the April 1963 issue of The Ring magazine. Lane was admitted into the World Boxing Hall of Fame in 2004. Later in life Lane became an avid golfer and had a tournament named for him. He died of a heart attack on August 5, 2008, alongside one of his most well known students, Christian Lloyd in Lansing, Michigan. ==Professional boxing record==