It's been well-publicized that Regis Philbin is leaving 'Live With Regis and Kelly' at some point this year. What we don't know is what Philbin plans to do after he wraps the show for the final time. On 'Access Hollywood Live' (weekdays, syndicated on NBC), his former co-host Kathie Lee Gifford said she doesn't think Philbin will retire.

Gifford and Philbin hosted the show back when it was 'Live With Regis and Kathie Lee,' and the two had a nightclub act together. She said Monday she still sees Philbin and his wife Joy frequently. "I think he's ready for the next thing," she said. "Regis is not going to retire. He wants to own his own schedule a little bit more."

Gifford said Philbin does like to hop on Donald Trump's jet and visit all of the "swells." So maybe there's work for Philin in an F. Scott Fitzgerald novel.