Rooney is currently Derby County player-coach - though won't be clear to play for the Rams until January 1.
Speaking for the first time as Derby County player-coach on Friday, Rooney said: "It's brilliant to see what Gerrard and Lampard have done.
"There has been a lack of young former England players going into management over the last 10 or 15 years. Players now have enough money that they don't have to do coaching.
"It's something I have always wanted to do when I stopped playing. It depends how things go for me doesn't it? Ideally I want to get into management and be successful. It's new to me so I don't know if I will be good or bad but I want to get into it and give it a go. I do have a knowledge of the game."