Walters announces her retirement on 'The View'

Barbara Walters arrives at the New York City Ballet Fall Gala honoring fashion designer Valentino Garavani at Lincoln Center on Thursday, Sept. 20, 2012 in New York. For this one night only Valentino will create costumes for three ballets.(Photo by Evan Agostini/Invision/AP Images)

May 13, 2013 3:16:07 PM PDT
Barbara Walters is telling viewers she is retiring in another year following a television career that began in 1961.

She wiped away tears on ABC's "The View" on Monday after a taped piece summarizing her career.

Walters said she wanted to leave while people are still saying "why is she leaving?" instead of "why doesn't she leave?'" Walters is 83 years old.

New York City Mayor Michael Bloomberg visited the set for Walters' announcement, along with a host of top ABC and Disney executives.