President Obama said he will deliver a farewell address, following the example of a "peaceful, democratic transfer of power" set by America's first president.

The address will be delivered Jan. 10 in Chicago.

"In 1796, as George Washington set the precedent for a peaceful, democratic transfer of power, he also set a precedent by penning a farewell address to the American people. And over the 220 years since, many American presidents have followed his lead," Obama said in a statement from the White House. "On Tuesday, January 10, I'll go home to Chicago to say my grateful farewell to you, even if you can't be there in person."

Obama said he has just started writing his remarks but wanted them to serve as a "chance to say thank you for this amazing journey, to celebrate the ways you've changed this country for the better these past eight years, and to offer some thoughts on where we all go from here.

"Since 2009, we've faced our fair share of challenges, and come through them stronger. That's because we have never let go of a belief that has guided us ever since our founding--our conviction that, together, we can change this country for the better," Obama said.

Obama's will deliver the address 10 days before the inauguration of Republican President-elect Donald Trump.

The White House is also asking people to share their memories of the Obama administration. You can leave a comment here.