Dailies | Barbara Walters and David Letterman Aren't Ready to Retire After All (Video)

After realizing it's too late to change their minds, the broadcast legends agree to “ride off into the sunset together”

Two icons of television sat down together for what may be the last time.

Barbara Walters, who recently announced her retirement from “The View,” was a guest on “Late Show.” David Letterman announced his own retirement last month from the show he started. The network has tapped Stephen Colbert to replace him.

Also read: Barbara Walters Bids Journalism ‘A Bientôt’ – See You Later

And yet, when it came down to it, both broadcast veterans realized they weren't ready. “I do not want you to retire,” Walters told Letterman, to which he responded, “I don't want to retire now, either. I've changed my mind.”

When asked if he could back out of it, Letterman said that it was too late, adding, “That ship has sailed … They're repainting and they've measured everything.”

Also read: David Letterman Recalls ‘Two-Day, 48-Hour Phone Fight’ With Les Moonves

“I feel the same way,” Walters said. “I said, ‘Yes, I wanted to go.’ I'm not ready.”

In the end, though, they decided to “walk into the sunset together,” bowing out gracefully. ”Wait a minute,” Letterman said. “I think we just made a suicide pact.”

See video: Watch Barbara Walters Interview With Donald Sterling's Estranged Wife 

Barbara Walters’ final day on “The View” will be this Friday, May 16. David Letterman is leaving “Late Show” sometime in 2015.