12/18/2013 at 03:20 PM EST
Hear that high-pitched noise in the distance? That's the sound of millions of teenage girls reacting to Justin Bieber
's claim that he's retiring.
On Tuesday, during an interview with L.A. hip-hop station Power 106
, the 19-year-old said he was calling it quits.
Bieber explained that his new album, Journals
, which is out Dec. 23, will be his last. "After the new album, I'm actually, I'm retiring, man, I'm retiring," he told host Big Boy.
"I'm retiring, I'm just gonna take ... I think I'm probably gonna quit music," he added
But the singer is "not retiring," a source close to Bieber tells PEOPLE. "He's got too much going on."
That includes his movie, Believe
, which is out Christmas Day.
A rep for Bieber had no comment.
Given the year he's had – with graffiti incidents
, a controversial trip to Amsterdam
and a rocky European tour
– do you think it's time the Biebs had a time out?