"Responsibility for our country must now lie in the hands of a new generation," Queen Beatrix said in the speech delivered from her Huis ten Bosch palace, she will celebrate her 75th birthday on Wednesday.
"I am deeply grateful for the great faith you have shown in me in the many years that I could be your Queen," she added.
The queen's abdication from the largely ceremonial role had been widely expected, but it is sure to bring an outpouring of sentimental and patriotic feelings among the Dutch, most of whom adore Beatrix. In everyday conversation, many of her subjects refer to her simply by the nickname "Bea."
More top news
Vodafone has been fined £4.6 million by the industry regulator for "serious and sustained" breaches of consumer protection rules.
After a very foggy start it should be a sunny afternoon for most of us.
Secret recordings have emerged of the prime minister setting out her fears for the economy if Britain were to leave the EU.