Scholes believes that he could manage just one more season of top flight football, but he could have ended it at the end of the season just gone but Sir Alex talked him into signing another one year deal with the club.
A 35 year old Scholes said: "I am coming to the end of my playing career and I maybe have one year left.
"I have started doing my coaching badges back in England and hopefully one day I will be able to coach kids or coach some kind of team somewhere."
Scholes also talked about how Ferguson has had a major impact on his career.
"He has been great," added Scholes. "It goes without saying what a top manager he has been.
"The amount of players he has brought through the youth team is great and it gives hope to all the kids in the youth team that if they are good enough he will definitely use them.
"
It has just been fantastic working with him and I think there is a good few years left in him yet."