Billy Joel has revealed his reasons for not intending to ever work on a follow-up to his last album of original songs released more than two decades ago, reports Billboard.

"Over the years, Elton [John] would say, 'Why don't you make more albums?' And I'd say 'Why don't you make less?'" he told New Yorker, which recently published a 10,000-word profile on the singer-songwriter. "Some people think it's because I'm lazy or I'm just being contrary. But no, I think it's just - I've had my say," the 65-year old music icon said.

Joel said he believes music legends who still put out music after their heydays tend to capitalize on their fame to reap benefits rather than focus on the music they create, according to The Music Mix.

"If I put out an album now, it would probably sell pretty well because of who I am, but that's no reason to do it. I'd want it to be good. And I've seen artists on that treadmill, putting out albums year after year, and the albums get worse and worse, less and less interesting, and it's, like, maybe you should stop," he said.

Joel, who has played sold -out shows every month this year at Madison Square Garden as a resident, said he has outgrown the thirst and ambition that made him work hard to get to where he is today, according to ABC News.

"I'm not crazy about going into a recording studio and doing that kind of life again, or taking on another project where there's other people involved - arrangers and orchestrators and conductors and producers. I don't want to deal with it," he said.

"You have to have a certain amount of ambition to want to do all that," he said. "And I look back at the guy who was the recording artist, this Billy Joel guy, and I think, 'Who the f--- was that guy?' He was very ambitious, very driven, and I don't feel like that anymore," he said.

"River of Dreams," Joel's last album of original songs, was released in 1993.