The guitarist for the legendary rock group says he and the band just want "to get the feel again."
He also added that the Rolling Stones' 50th anniversary is like training for something big.
"It's like working out for the Olympics or something," Wood said. "You've got to go into training. So we're going to go into training."
Wood made the comments on Monday in an interview following a press conference for his exhibition, "Faces, Time and Places," which features his own paintings. It includes pieces of him and his band mates, as well as Muhammad Ali and Al Pacino.
Wood, who said he first started painting at age 3, enjoys doing it because it's a reflection of his own ideas, unlike music, which he calls "a group effort."
The exhibit launched on Monday and will close on June 30.
Wood's week will get busier when he is inducted into the Rock and Roll Hall of Fame on Saturday as a member of The Faces, along with Rod Stewart. It will be the second induction for the 64-year-old Wood. The Rolling Stones were inducted in 1989.
He'll also perform a solo show at the Golden Nugget in Atlantic City, New Jersey, on April 21. When asked what fans should expect, he said: "Lots of surprises because I'm going to surprise myself. I don't know what the hell is coming next. The whole set list is going to be made up. I'm making it up every day now."
Wood says he would love go on a solo tour "if I had enough time, but I have too many commitments."
He also talked about possibly recording another solo album.
"Lots of people don't know I've made seven, 'cause most of my albums escape; they're not released," he said, laughing. "Keith (Richards) says they all skyrocket to oblivion."
