Tony Bennett and pop sensation Lady Gaga are set to record "a big swing album" together.

Speaking to Rolling Stone, during a dinner at Amy Winehouse Gala and Inspiration Awards, the 86-year-old crooner explained that he and Gaga "have it all worked out already on paper."

Bennett and Gaga teamed-up on The Lady Is a Tramp for his Grammy-winning, platinum-selling 2011 Duets II album.

The Good Life singer called the 26-year-old pop sensation a "wonderful person and a great talent."

He added that he wants to work with Gaga because "she's quite different," while praising the Born This Way singer for being an impressive business woman.

When asked if he has plans to record other albums beyond this project, Bennett said: "It's the best time of my life right now. I'm 86 years old and I really feel like I'm just starting out right now, because I want to prove that I can get better as I get older.

"Absolutely. I'm studying all the time, learning as much as I can."

Tony Bennett talks Gaga, Winehouse and the Golden Age in this 2011 interview with RTÉ Ten.