Source: The Wrestling Observer Newsletter (F4WOnline.com)
Shawn Michaels recently told company officials that he's looking to take more time off than originally planned. He believes he's financially set for life and his children are at a certain age where they like him around, and he knows that's a very short window.
Original plans called for Michaels to return at SummerSlam, but he's looking to hold his return off until late this year or early next year for a good WrestleMania storyline. Although, this could change depending on his mood or if any of the major Superstars come down with an injury. If you recall, two years ago, Michaels talked about not coming back for a long time as a result of knee problems. Then John Cena tore his pec and his wife joked that he would be getting a phone call soon. He received the phone call the next day and was back in the ring sooner than initially hoped.
Michaels appears unsure about his long-term future in wrestling as he's made noise about retiring next year at WrestleMania, but he also feels he can still make appearances at big shows well into his fifties like Hulk Hogan and Ric Flair. He also said that once his children become teenagers, being at home won't be as much as priority anymore as his kids won't want to hang around him as much. At that point, he'd be more open to spending more time on the road.