Singer Aretha Franklin 'Retiring This Year'

"This will be my last year in concert," she said. "This is it."

Speaking to a Detroit television station, Franklin, 74, said that while she "can't wait to get in the studio" to record a new album, "I must tell you, I am retiring this year."

"This will be my last year. I will be recording, but this will be my last year in concert,” she told the station. “This is it.”

"I feel very, very enriched and satisfied with respect to where my career came from, and where it is now ... but I'm not going to go anywhere and just sit down and do nothing. That wouldn't be good, either," she added, leaving the door open for a limited schedule.

Franklin canceled a number of shows last year on doctor's orders, she told The Associated Press.