[6] In November 2002, Wagstaff celebrated his 60th birthday at the Ramada Jarvis Hotel in Willerby with 350 friends, including players from the Hull City 1965–66 Third Division championship team.
[6][10] After retiring from his football career, Wagstaff ran The Golden Ball pub (since demolished) and then bought The Marlborough club, affectionately known as "Waggies".
He has since sold the club and retired,[3] but remains active in philanthropy and charity work in the local Kingston upon Hull community.
In 2003, Wagstaff joined a group of footballers in a "World Cup-style tournament" to raise money to assist children with learning difficulties.
In February 2008, Wagstaff and his family raised money to start a lifestyle centre in her memory at the Princess Royal Hospital in Saltshouse Road, east Hull.