According to the publication, preparation of documents for the transfer of the throne has already begun, writes Lenta.ru.
Daily Mail, citing a senior courtiers also reports that the Queen plans to abdicate in 95 years of age. As the successor is also named her eldest son. "Her Majesty takes into account your age and wants to be confident that when the time comes for this, the transfer of the crown will be seamless," said one of the sources.
Elizabeth II ascended the throne in 1953. Today she is the reigning monarch of Europe.
The previous English monarch abdicated, was the uncle of the current Queen Edward VIII. He renounced the throne for himself and his descendants in 1936 for marriage to twice-divorced American Wallis Simpson.