John and Furnish, 55, are raising two sons, Zachary, seven, and Elijah, five, who were born through a surrogate mother.
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He said: "I think the great thing about women's empowerment is the wage gap, as well - that is a big thing, and it's happening in England a lot, people are saying, I'm only getting paid this, and he's getting paid that". However, he was clear that it wasn't the music he was exhausted of so much as the travel. "I've had an incredible life, but life is all about change".
"I don't want to miss them and I don't want them to miss me", he said.
The 300-date tour, spanning over the course of a several years, is called the tour.
"Last year I picked up an infection and I was very ill and it knocked me sideways", he said. "But I don't want to be traveling away from my children".
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"I love them so much".
But don't despair, the singer's last tour will not signal the end of Sir Elton John.
"David and I sat down with a school schedule, and I thought, I don't want to miss too much of this", he said.
Elton John also notably performed at Princess Diana's funeral at Westminster Abbey in 1997, the Party at the Palace in 2002 and the Queen's Diamond Jubilee Concert outside Buckingham Palace in 2012. Sir Elton is 70 and he has been a fixture on the pop landscape for more than 50 years.
The musicians is retiring from tours but not calling it quits on Music as he will continue to sing, write and make records.
Meanwhile, in 2013, he was forced to cancel a planned appearance at London's Hyde Park because he needed to undergo emergency appendicitis surgery. "I want to die at home, and I want to spend a lot of time with my kids before I do".
"[Alessandro's designs are] humorous and fun and beautifully made", John said of the friendship, which was forged after Michele mined the popstar's archives for inspiration for his spring/summer 2018 collection.