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Blake Lively and Leonardo DiCaprio: What Went Wrong?

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They'll always have Monte Carlo. And Sydney. And Disneyland.

After reps for both Blake Lively and Leonardo DiCaprio confirmed their breakup exclusively to Us Weekly on Tuesday, many are wondering what exactly went wrong between the Gossip Girl actress, 24, and the Oscar nominee, 36, after such a hot and heavy courtship.

Related: PHOTOS: Blake and Leo, the way they were

"Blake wasn't ready to move to the next level," an insider tells the new Us Weekly, out now.

After meeting last November and kicking off their globe-trotting romance in May of this year, "It was just too much, too quickly," the insider explains. "Blake wasn't ready to settle down."

Related: PHOTOS: Blake's best hairstyles

But, J. Edgar actor DiCaprio is looking ahead to the next phase of his life, the source says. "He's looking for someone to eventually start a family with…That's not where she's at. She's only 24!"

Adds another source: "He's more mature. They're not in the same place right now."

Related: PHOTOS: Leo and other all-time hottest teen idols

For more on the abrupt end of their fairy tale romance — who might rebound first and whether they could reunite — pick up the new Us Weekly, on stands Friday.

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