Queen Elizabeth, allegedly, came to the painful relationship that the time has come for her to abdicate.

According to Woman’s Day, even though the queen vowed to never quit her role as the head of the monarchy, she also knows that she cannot do a lot of things because of her age.

“The queen accepts that she cannot control global events and that it is time for Charles to take over. It was a difficult, emotional decision to hand over her reign, but the monarchy is more important to her than anything, and she knows the time has come. Charles has been a very serious understudy for seven decades, and she knows he will make a dedicated king to the Commonwealth,” the source said.

According to the insider, the queen, and Prince Charles have been planning for a fuss-free abdication followed by a private coronation soon. And they have, allegedly, been talking about their plans while holed up in Balmoral.

“It’s an emotional but exciting time for both of them. Charles obviously wishes he could have got a coronation with all the bells, whistles, and adoration, but he accepts that’s quite impossible. Instead, a lot of it will be done behind the scenes, and you’ll start seeing signs of it very soon,” the source said.

The insider also claimed that Prince Harry didn’t renew the 20-year lease of Cotswolds because it will most likely coincide with his coronation.

Meanwhile, Prince William will also, allegedly, benefit from Prince Charles’ upcoming coronation.

“As soon as Charles steps up, William will have his own investiture as Prince of Wales and Duke of Cornwall. In a way, the queen must be pleased she might be around to be a part of such a historic occasion. The big question is whether Catherine will choose to become the Princess of Wales. Charles’ wife, Camilla technically holds the role now but never uses it out of deference to the late Princess Diana. Kate may well choose to do the same – or take the title in honor of the mother-in-law she never met,” the source said.

However, one should take the claims made by the tabloid with a grain of salt. Gossip Cop stressed the fact that the queen hasn’t abdicated. As such, it is unlikely for her and Prince Charles to already be planning the latter’s coronation.