10/05/2011 11:19 pm ET | Updated Dec 05, 2011

Sarah Palin Says Prior To 2012 Decision She Wondered, 'Politically Speaking, Will I Die?' (VIDEO)

During an interview on Fox News on Wednesday night, Sarah Palin discussed her decision not to run for president in the next election cycle.

The former governor opened up about the deliberations that led her to opt against jumping into the race for the White House.

"If I say no to the opportunity that’s in front of me, politically speaking, will I die?" Palin said. She went on to suggest that after ending months of speculation on her political ambitions earlier in the day she knew "beyond a shadow of a doubt" that she made the right choice.

During the appearance, the former governor said, "I apologize to those whom are disappointed in this decision." She added that she believes "when they take a step back, [they] will understand why the decision was made and understand that really you don’t need a title to make a difference in this country. I think that I’m proof of that."

While speaking on the "Mark Levin Show" earlier in the day Palin asserted, "Not being a candidate really you're unshackled and you're allowed to be even more active."

Looking to the future, in a statement announcing her decision not to run Palin explained, "In the coming weeks I will help coordinate strategies to assist in replacing the president, re-taking the Senate, and maintaining the House." On Wednesday night, she said she's already received calls from candidates vying for the Republican presidential nomination seeking her guidance and potentially her endorsement in the contest.

While the former governor wouldn't identify by name which GOP hopefuls have reached out to her, she said she looks forward to working with the candidates "in order to help them maybe articulate their message in more detail, so we can make that best decision."

Below, full text of the statement released by Palin on her decision.

October 5, 2011

Wasilla, Alaska

After much prayer and serious consideration, I have decided that I will not be seeking the 2012 GOP nomination for President of the United States. As always, my family comes first and obviously Todd and I put great consideration into family life before making this decision. When we serve, we devote ourselves to God, family and country. My decision maintains this order.

My decision is based upon a review of what common sense Conservatives and Independents have accomplished, especially over the last year. I believe that at this time I can be more effective in a decisive role to help elect other true public servants to office – from the nation’s governors to Congressional seats and the Presidency. We need to continue to actively and aggressively help those who will stop the “fundamental transformation” of our nation and instead seek the restoration of our greatness, our goodness and our constitutional republic based on the rule of law.

From the bottom of my heart I thank those who have supported me and defended my record throughout the years, and encouraged me to run for President. Know that by working together we can bring this country back – and as I’ve always said, one doesn’t need a title to help do it.

I will continue driving the discussion for freedom and free markets, including in the race for President where our candidates must embrace immediate action toward energy independence through domestic resource developments of conventional energy sources, along with renewables. We must reduce tax burdens and onerous regulations that kill American industry, and our candidates must always push to minimize government to strengthen the economy and allow the private sector to create jobs.

Those will be our priorities so Americans can be confident that a smaller, smarter government that is truly of the people, by the people, and for the people can better serve this most exceptional nation.

In the coming weeks I will help coordinate strategies to assist in replacing the President, re-taking the Senate, and maintaining the House.

Thank you again for all your support. Let’s unite to restore this country!

God bless America.

– Sarah Palin