PALM CITY, Fla. - Michelle Obama jokingly says a midlife crisis is what inspired her new haircut with bangs.

The first lady revealed the new hairstyle last month on her 49th birthday, which came a few days before the festivities for President Barack Obama's second inauguration.

Mrs. Obama was asked about the new haircut during an interview with talk-show host Rachael Ray.

Said Mrs. Obama: "This is my midlife crisis." She added that she cut her bangs because she can't get a sports car and won't be allowed to bungee jump.

The interview was conducted via Skype and is scheduled to air on Wednesday. The Rachael Ray show released excerpts on Monday.