The 'Deadpool' star also tells ET wife Blake Lively shows him 'how to be better in almost every way.'
Ryan Reynolds is beaming with joy, and we can't blame him!
ET caught up with the 40-year-old actor after he received his star on the Hollywood Walk of Fame on Thursday, where he couldn't stop gushing about having his wife, Blake Lively, and their two children by his side as he accepted the prestigious accolade.
"It's everything," he told ET's Katie Krause. "Not only because my family is here, [but] this only happens once in a lifetime."
"Normally we don't drop the whole family out like this, but I just thought I'd regret this in 20 years if I didn't have my kids here as well," he continued. "So we all, we decided collectively just to come down here in one big movement and be a part of this."
The past year has been a remarkable one for Reynolds, who wowed audiences with his portrayal of Wade in Deadpool. Not to mention, he and Lively just welcomed their second child, a baby girl, in September, joining daughter James, who turns two on Friday.
Despite all his recent success, Reynolds remains modest, telling ET, "You know, [the years] all sort of feel the same."
"I've worked in this business a long time and they all feel the same," he continued. "A lot of what happens in the outward perception is not really up to me, but I'm enjoying it. I worked really, really hard to get here, and I plan to continue to work really, really hard."
Reynolds credits Lively for constantly supporting him, and teaching him "everything."
"She really does show me how to be better in almost every way," he explained. "As a father, a person, everything."
As for whether James will follow in her parent's footsteps? Reynolds tells ET that's not happening any time soon!
"I don't know about that," he joked. "There will be no showbiz in her future unless… until she's 30. That's a safe time for her to enter the game."
WATCH: Ryan Reynolds Reveals Blake Lively Helped Develop 'Deadpool' Character After Golden Globe Nom
During Reynold's acceptance speech on Thursday, he thanked those in attendance for the "incredible moment."
"I am sitting here looking out at so many people I love and respect, and many people who have put me up here as well, so this is just absolutely unbelievable for me on so many levels," he gushed. "I walked down this street actually when I was 15 years old for the very first time with my brother, Patrick, who is sitting right there, and none of this was here. This was a Holiday Inn, believe it or not, and we left our room in the middle of the night to walk down this boulevard -- partly because we were curious, but partly because it was very apparent that the person in the hotel room next door was being murdered, so we were frightened but we came down here, we walked across this boulevard and we saw all these names and all these legends.
"For me to have my name among them now is, it is just beyond anything I could have ever imagined," he continued. "I always thought that if I got a star on the Hollywood Walk of Fame that it would be in Burbank, so it is nice that it is here. It's incredible that it is here."
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"I'm not supposed to talk long so I really want to focus on my family for one," he added. "My brothers, Patrick, Terry [and] Jeffrey, who are here, they are my big brothers. They have taught me everything you need to know about love, friendship, unprovoked violence, these guys could --my poor parents in their home -- these guys could turn any wall or a window into an exit immediately. I want to thank my mom, Tammy, who is here, who is, I mean, it baffles me that you have not stabbed all four of us at some point 'cause Lord knows we deserve it. You have four boys that each and every one of them would give their last blood for you, and I think that speaks less to the character of your boys, and more to the character within you, so you know it is very true."
Reynolds then joked that his mom was lucky to have a son who has worked in show business for over two decades without going to jail or checking into rehab.
"I think we both know why that is -- 'cause I am very good at hiding things," he continued. "I want to thank my wife, Blake, who is sitting right there, who is everything to me. You are the best thing, the best thing that has ever happened to me, secondly to this star on the Hollywood Walk of Fame. It's the Hollywood Walk of Fame, cut me some slack here! You make everything better, I mean absolutely everything in my life better."
"You have given us two of the most incredible children I could ever hope to have," he added. "You made me the father of my dreams when I thought I only had fun uncle potential, so thank you. I love you. And the last thing I'll say before I get off this stage is a tricky one, it's about my dad. He is no longer with us, he never made things easy on anyone, especially himself, but you know he would have gotten a real kick out of this, so this is also for him."
WATCH: Ryan Reynolds Says Baby No. 2 Is a 'Mini Version' of Daughter James