The remanent magnetization of single-crystal iron whiskers has been me
asured from 10(-5) to 10(4) seconds after the removal of an applied fi
eld. The observed response is accurately modeled by localized magnon r
elaxation on a Gaussian size distribution of dynamically correlated do
mains, virtually identical to the distribution of excitations in glass
-forming liquids. When fields of less than 1 oersted are removed, some
relaxation occurs before 10(-5) second has elapsed; but when larger f
ields are removed, essentially all of the response can be accounted fo
r by magnon relaxation over the available time window. The model provi
des a physical picture for the mechanism and observed distribution of
Landau-Lifshitz damping parameters.