Elton has claimed that touring and travelling for work has finally taken its toll on his quality of life.
The 66-year-old admitted that he is "fed up" of never having any time to spend with David Furnish and their two children because he's always working.
Speaking to The Sun newspaper, Elton said: ''The time has come in my life when I will definitely cut back on shows so I have more time with my family.
''That's a conscious decision. I know I'm addicted to playing. I'm addicted to working. I'm addicted to touring. I'm addicted to everything.
''I can't have one bunch of flowers. I can't do one show. That's part of my nature. But I sat down with David and said, 'You know, I'm fed up with it. The travelling is killing me. I can't do it any more. I've never taken enough time to smell the roses'.''
Elton further explained that his time away from touring will allow him to explore different paths, saying: ''I want to take my boy to school and I want to spend more time with David. I also want to spend more time on projects that maybe I should have done years ago but never found the time for. If you're going to be Elton John, you have to push the envelope.''