Los Angeles: Fans should brace themselves to say goodbye to Aerosmith. The band's frontman Steven Tyler has confirmed they are planning a farewell tour for 2017 as "it's time". "I love this band, I really do, and I want to squash every thought that anybody might have about this: The band's over. "We're doing a farewell tour, but it's only because it's time," people.com quoted Tyler as saying to a radio show host.A When the radio host made Tyler confirm it by asking if he meant "farewell" as in the band would be gone for good, the 68-year-old crooner said: "Yeah". He added that guitarist Joe Perry is also informed about the decision. While Tyler said the farewell tour would go on "probably forever", he also quipped about bands like The Who and KISS, which each went on multiple "farewell tours". Perhaps plans to wrap up seem to have been in the making for a while as Tyler had told a magazine earlier that Aerosmith would likely go out one last time in 2017. Aerosmith formed in 1970 and released their last studio album "Music from Another Dimension!" in 2012.