Schumacher, who has been in a coma since suffering a head injury in 2013, is the most successful F1 driver of all time.
But Hamilton already has three F1 titles to his name and boosted his chances of adding a fourth this year with victory in the Singapore Grand Prix.
The 32-year-old is contracted to Mercedes until 2018 but while he has said he is keen on extending the deal reckons he has only has “five, six years left in the sport”.
But Hamilton has made it clear that his long-term plans in F1 won’t be influenced by trying to beat Schumacher’s all-time record.
“Honestly, I’m working just step by step,” he said. “It’s hard enough to get these championships won one at a time, it’s hard enough just to get this fourth one.
“Currently, it’s quite clear for me. Who knows if we’re going to get anywhere near Michael Schumacher? Seven championships – I personally don’t have a desire to chase that.”
Lewis Hamilton did say he feels he is in his prime and is enjoying F1 “more than ever”.
“I’m loving driving more than ever,” the Brit added. “I feel like I’m driving better than ever. I feel the most whole as a driver that I’ve ever been, which is a great feeling.
“I’m enjoying the challenge – the fact we have a balanced car alongside a Ferrari and sometimes a Red Bull, so it’s great to be able to be challenged by another team and really have to play on your qualities and work on your weaknesses.
“But at the end of every season, you always have a think about your future. I set a good five-year plan, but it gets altered every year as you add another year onto it.”
Hamilton recently broke Schumacher’s long-standing record of 68 career pole positions, but needs to win 32 more grands prix to eclipse the seven-time champion’s victory tally of 91.
“The wins feel more exciting to try and chase,” he said. “Records are there to be broken, so at some stage someone will break them. Whether it’s me, I can’t tell you.”
