Sara Jaye Weiss/Startraks
06/14/2012 at 12:15 PM EDT
Three is enough for Tom Cruise
The Rock of Ages star
, who is dad to Suri
, 6, with wife Katie Holmes
, and Connor, 17, and Bella, 19, with ex-wife Nicole Kidman
, says he's not planning to add to his family anytime soon.
"I'm so happy with three," he tells PEOPLE magazine in an exclusive new interview.
The iconic star, who turns 50 on July 3, plans to spend his birthday with his family while shooting the movie Oblivion
in Iceland. For Cruise, time with his loved ones is all the celebration he needs for his major milestone.
"I'm enjoying every second with Suri that I have. And I'm enjoying the relationship with my older kids, and the way it is right now," he adds.
Rock of Ages
opens June 15.
For more on Tom's life with Katie and the kids – and how he learned to be a rock star – pick up this week's PEOPLE, on newsstands Friday
To get a sneak peek of this week's issue click here