The veteran quick hasn't put a date on her retirement yet, but is "self aware" enough to say with certainty that next month's T20 showpiece in England will be her last major tournament.
The 33-year-old made her international debut in 2012 and less than a year later took a tournament-high 15 wickets in seven matches as Australia romped to the 50-over World Cup title.
The fiery South Australian with a hooping in-swinger has racked up 309 wickets in 240 games across the three formats.
After suffering upset semi-final losses in Australia's last two World Cup appearances, she wants to finish on a high.
"Shit yeah, big time," she told AAP ahead of their tournament opener against South Africa in Manchester on June 13.
"Hungry is one word and for me it's revenge, or spite ... it's definitely one I want to go and win.
"I'm competitive in everything I do - which is a good and a bad thing - the last two have stung and, after being part of a lot of success, it stings even more.
"But then you think of the kids that haven't won a World Cup; it's a good reminder I've been lucky and want to restart that with the next generation."
As competitive as Schutt is, she is excited to watch the next generation take the reins.
Left-armer Lucy Hamilton has burst onto the scene in the last year and so stacked are Australia's pace stocks there was no room for Darcie Brown in the 15-player Cup squad.
"I'm not much of a planner; I like to go with the flow," Schutt said of her retirement plans.
"But with how often World Cups are, and everything in between, there's always a carrot that gets dangled and eventually you have to make a decision.
"I don't see myself getting to another ICC tournament, that's for sure.
"I've had my time and it's about letting that next generation take over.
"I don't want to be that person that stays longer than I should and drag the team down without realising.
"I like to think I'm pretty self aware; I can physically keep up but there are people coming through capable of doing what I do."
The squad trained in Brisbane this month ahead of three practice matches against South Africa in England from Sunday.
They will also play the hosts and West Indies in warm-up games in Cardiff before the tournament begins.
Australia will play five pool games between June 13-30, with semi-finals at the Oval and the decider at Lord's on July 5.
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