Peter Frampton reveals he's suffering from a muscular disease and his next tour ...

Legendary Guitarist Peter Frampton has said his next tour will be his very last after being diagnosed with a rare and degenerative muscular disease.

The 68-year-old revealed to CBS This Morning on Friday that he's been furiously trying to record new music before his Inclusion Body Myositis (IBM) prognosis takes too firm of a grip.

Frampton, who propelled himself into Rock mythology with his 1976 album 'Frampton Comes Alive', says he was diagnosed with the non-fatal but incurable inflammatory disease three-and-a-half years ago after a fall on stage.

Since then, he says the effects of IBM - which causes muscles throughout the body to slowly weaken - have accelerated in severity.

Now, Frampton says that come next year he may have to give up playing the guitar all together - but not before embarking on a farewell tour across North America.

In an interview with CBS, Peter Frampton (above) revealed he's been suffering with Inclusion Body Myositis, a rare and degenerative muscular disease that slows muscle function throughout the body

In an interview with CBS, Peter Frampton (above) revealed he's been suffering with Inclusion Body Myositis, a rare and degenerative muscular disease that slows muscle function throughout the body

'Going upstairs and downstairs is the hardest thing for me,' he told CBS' Anthony Mason. 'I'm going to have to get a cane...and then the other thing I notice, I can't put things up over my head.

'What will happen, unfortunately, is that it will affect the finger flexors.

'So for a guitar player, it's not very good.'

In an interview with RollingStone on Saturday, he further elaborated on the severity of his condition, warning that 'In a year’s time, I might not be able to play.'

Though he says he's already feeling the effects of his condition in his fingers, Frampton insists he's still at the top of his game, recording 33 new tracks since October.

Frampton also says he's one of the lucky ones, having seemingly escaped a 50 percent chance of IBM affecting his throat, the 68-year-old will still be able to sing. 

Frampton says the disease will eventually start to affect his fingers, forcing him to give up the guitar

Frampton says the disease will eventually start to affect his fingers, forcing him to give up the guitar

The legendary guitarist will be embarking on a farewell tour this summer across North America, playing iconic venues such as Madison Square Garden

The legendary guitarist will be embarking on a farewell tour this summer across North America, playing iconic venues such as Madison Square Garden

His difficult decision to retire from the road indefinitely came after a nasty fall during a vacation in Maui with his daughter that left him feeling 'embarrassed'.

'I'm a perfectionist and I do not want to go out there and feel like, "Oh I can't, this isn't good." That would be a nightmare for me,' he said.

'I've been playing guitar for 60 years. Started when I was eight, and now I'm 68 - so I've had a good run.'

Frampton found modest success in Britain in the 1960s with his teenage band, The Herd, followed by a number-one single with Humble Pie, a band he co-founded with Steve Marriott of Small Faces.

However, the

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