The 77-year-old superstar told Ken Bruce in a recent Greatest Hits Radio interview that she has no plan to stop working anytime soon.
"I'm not going to sit around doing' nothing.' I would never retire. I'll just hopefully drop dead in the middle of a song onstage someday, one of the songs I've written," she was recorded saying.
The conversation about retirement popped up after Parton discussed releasing her new rock album, which features several notable guests, including her goddaughter Miley Cyrus, Elton John, Sting, and former Beatles members Paul McCartney and Ringo Starr.
She said that if you want your dreams to come true, then you have to pay for them and be "responsible" with them. She said, ruling out retirement.
Some of her dreams include having her network television show, establishing her own makeup and wig lines, and telling the story of her life in a series called "The Life of Many Colors."
"The bad part, the good part, the ugly and the different," she said.
"Every dream kind of gives birth to another dream, you can branch off of almost anything that happens and as well make a business out of them."
Dolly Parton Rules Out Tours
However, one thing Dolly Parton did rule out was a new tour. She said, "As far as touring is concerned, I think those days are much behind me; I haven't got no years to waste."
However, she also mentioned that she is fully ready to pursue every new dream that comes to her every day.
Parton, who has been performing since she was 10, only two things would limit her plans to keep working — her health and her husband, Carl Dean, whom she's been married to for 57 years.
She continued, "As long as my health is good, and my husband is good, then I'm able to work, the only way I would ever slow down or stop would be for that reason."
Dolly Parton's albums are extremely notable among female artists, as most of her biggest hits were written herself. She also possesses the ability to hunt down and record, which perfectly suits her abilities.
Dolly Parton has recorded 48 studio albums, which include: "Why'd You Come in Here Lookin Like That (1989), 'But You Know I Love You(1980), It's All Wrong, But It's All Right (1977), Coat of Many Colors (1971).'
Her latest and upcoming album Rockstar is her 49th solo studio album, scheduled to be released on November 17, 2023, by Butterfly Records and Big Machine Records.