In an interview with Papel magazine, Ronaldo revealed he will not stay in football as he wants to pursue other interests.
He said: "There is another life after football.
“I think at first it will be tough, but if you ask me now if I want to coach, I would say no - neither as a club manager nor a president.
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Ronaldo, who earns a reported £53 million per year (based on Forbes estimate), said money does not necessarily mean happiness.
"You can say you have the best job, money, cars, houses... but that is not everything.
“One example: On Saturday there’s boxing on in Las Vegas and I would like to take my family and friends, but I can’t because I have no time. But after (I retire) I want to live like a king.”
In the same interview, Ronaldo credited his mental toughness to his upbringing away from his family in Madeira - including having to iron his own clothes.
“Leaving home at 11 and going into a different world, first to Lisbon and then to Manchester, was very difficult and between 11 and 18 I (discovered) stability.
“So I’ve become the person I am today because of the time I spent without my family and going through difficult times.
“I was a teenager, but I had to do things as a man - to the point that I had to do my own ironing. My mental strength began at that time.”
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28/11/2021 AT 19:36