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The veteran ABC News anchor plans to step down in summer 2014. The 83-year-old will retain her executive producer role on ‘The View.’

Barbara Walters is saying goodbye to TV journalism.

After more than half a century in the industry, the veteran ABC News anchor plans to retire next summer, ABC announced Sunday night. Walters, 83, is set to make it official Monday morning on “The View.”

And the network plans to make good use of her while it can. The legendary TV personality will continue to anchor and report for ABC as well as continue to appear on “The View” and anchor specials throughout the year.

“I am very happy with my decision and look forward to a wonderful and special year ahead both on ‘The View’ and with ABC News,” she said in a story posted Sunday night on ABCNews.go.com. “I created ‘The View’ and am delighted it will last beyond my leaving it.”

Walters will retain her executive producer role on the long-running weekday gabfest.

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