"I'm not going to be touring anymore. Apart from the last tour that is going to start in September," the eight-time Grammy winner, 70, said during the live streaming event, revealing that he will embark on the three-year Farewell Yellow Brick Road global tour before he retires.
"My priorities have changed in my life. We had children and that changed our lives. In 2015, David (Furnish) and I sat down with the school schedule and I said, 'I don't want to miss too much of this.'
John is not vowing to never perform on concert again after 2021, but he was very specific about the limited form that might take.
"If I do live shows ever again. I would imagine it would be something like a residency, like Kate Bush did at the Hammersmith Apollo; she did three weeks. I don't want to travel. I won't be going back to Europe; I will not be going back to Australia or Asia or South America, and probably not America," he said.
"I definitely want to make a couple more albums, but that will be easy, because I can do that at home. I'll be writing more musicals.