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1.
A phrase used to describe the agonizing frustration of realizing that you did something you regret, and wanting to do it differently but realizing it after-the-fact. This typically occurs about 5 minutes later but the realization of such can occur years later...
Looking back in fucking retrospect, I realized that cute girl didn't want to know the time: she was actually interested in me!
av Babo Sang Pyo 4 december 2005
 
2.
A reflection upon happier times, prior to the days of one's inability to have sex.
I was happily daydreaming about my youth, engaging in Fucking Retrospect.
av The Grottomaster 23 maj 2011