I think a lot of us saw this coming. Barbara Walters is retiring.The veteran ABC News anchor is set to announce Monday morning on "The View" that she will retire from TV journalism next summer. ABC said in an announcement late Sunday that, until then, Walters will continue to anchor and report for the network, anchor specials throughout the year, and appear on "The View." She will remain executive producer of "The View," the weekday talk show she created in 1997.

The 83-year-old Walters has spent 37 years at ABC News, joining the network in 1976 to become the first female co-anchor on an evening news program. Three years later, she became a co-host of ABC's "20/20" news magazine. Before coming to ABC, she spent 15 years at NBC News, where she was a co-host of the "Today" show.

ABC News President Ben Sherwood said "there is only one Barbara Walters. We look forward to making her final year on television as remarkable, path-breaking and news-making as Barbara herself".