England's record goalscorer is working on his coaching badges while he plays for DC United in the MLS, and is on course for a UEFA B license.
"Football is what I know. It is what I have done my whole life," Rooney told the 'Mail on Sunday'.
"I just think it a shame when you see players who have had careers like mine, when they have been footballers from a young age, you see them finish and they just walk away from the game.
"Steven Gerrard and Frank Lampard have moved into management and I think it is brilliant for those two. It is the right time for young English managers to step forward. I am sure in two or three years there will be clubs in the Premier League coming to try to snatch them away.
"A good way to start out as a manager is to, first of all, be honest with your players but also know your players and know how to manage them.
"I think man-management is more important sometimes than the training you do."