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World Cup winner Zinedine Zidane named head coach of France men’s national team

(CNN) — Zinedine Zidane has been named as the new head coach of France for the next four years, the French Football Federation (FFF) announced on Tuesday.

The 54-year-old will take over from longtime head coach Didier Deschamps, who stepped down after the 2026 World Cup, which ended in disappointment for Les Bleus.

Zidane will be counted on to lift the organization’s spirits after the national team, which was widely regarded as one of the favorites to win the title in North America, was bounced from the tournament by eventual winner Spain in the semifinals. Les Bleus were then beaten by England in the third-place match.

This move will see the French icon reenter the world of management after leaving his job as Real Madrid head coach in 2021.

“I have often said there is nothing greater than the French national team. It is therefore a joy and obviously a great honor to become the coach of France. It is also a responsibility. I want to thank President Philippe Diallo, the Executive Committee and the French Football Federation for their trust and salute the fourteen years of Didier and his staff,” Zidane said in a press release on the FFF website.

“I also have a special thought today for all my teachers. Needless to say, I have a lot of ambition for the French Team!”

Zidane will now be looking to emulate former teammate Deschamps by joining the exclusive club of people who have won the World Cup as both player and manager.

A hero’s welcome

Zidane’s return to the France setup should be well received by all involved with the national team.

As a player, Zidane won it all – and in some style.

Zizou helped lead his national team to its first-ever World Cup trophy, with the attacking midfielder scoring two goals in the 1998 final. Zidane scored a brace of bullet headers in the 3-0 win against Brazil, earning France its inaugural star above the badge.

Just two years later, Zidane was once again influential as France won its second European Championship.

France became the first World Cup winner to then also win the Euros during this incredible two-year spell.

But while Zidane enjoyed immense success with Les Bleus, he exited in more unsavory circumstances.

Zidane’s last game with the national team was in the 2006 World Cup final loss against Italy. The No. 10 was sent off for headbutting Italian defender Marco Materazzi en route to France’s penalty shootout loss.

France fans will be hoping his return to the ranks will help right the wrongs of that night in Berlin.

Zidane, the manager

This move represents a first foray into international management for Zidane and a job that he has long been after.

Upon leaving his second stint at Real Madrid in 2021, it seemed like Zidane was biding his time, waiting for Deschamps’ exit.

“It’s a continuation for me, a dream come true. Over the last four or five years, I’ve received offers to lead a club and I rejected them all for the France national team,” Zidane said at his presentation.

“It’s the only thing I’ve wanted to do. I knew it since I was a kid. I began in the youth categories, I went through all the stages until reaching the national team. I am going to give everything so that this team keeps winning, which is the only thing that motivates me.”

While he may be inexperienced in coaching at the international level, Zidane brings a wealth of success at the club level to the role.

As Real Madrid head coach, he led his team to an unprecedented three consecutive Champions League titles, two league titles and two Club World Cups.

Zidane has successfully managed big names, talents, and personalities at Madrid on the way to high-profile successes – something he’ll aim to do with France. The expectation will be to win another World Cup as soon as the next edition in 2030.

With attacking talent aplenty – including star man Kylian Mbappé, Ousmane Dembélé, Michael Olise, Désiré Doué and Bradley Barcola – Zidane will have to figure out a way to find harmony among his forward options.

Finding balance has been something France has struggled with since its success at the 2018 World Cup and Zidane will be tasked with combining France’s offensive arsenal with defensive rigidity behind them.

“Soon, you will see my style. We’ll have a press conference in September. I love football. I played as a number 10 and what motivates me is scoring goals,” he said at his presentation.

“We’ll be doing things differently. Deschamps is Deschamps, [former France head coach Laurent] Blanc is Blanc, Zidane is Zidane. I will do what I know how to do. I guarantee continuity so that the French national team keeps winning.”

While the role will be new for Zidane, he will also be buoyed by his success in knockout club competitions with Los Blancos. His Champions League record speaks for itself, and he will surely be using lessons from those successes in his new role.

This story has been updated with additional information.

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You can turn part of your retirement savings into a paycheck for life. But it takes careful planning

(CNN) — If you’ve spent your career in the private sector, chances are you won’t get a pension in retirement.Not having that steady paycheck can make retirees nervous about spending the money they’ve squirreled away, especially given that Social Security will replace only 40% of pre-retirement income on average.But there are ways to convert part of your nest egg into a predictable income stream that, when coupled with Social Security, can cover your essential expenses in retirement.Combating a common fearCreating your own paycheck can spare you from the biggest fear for many retirees: running out of money before they die.That’s because retirees have to manage their assets not knowing how long they’ll be healthy, how long they’ll live, how markets will perform and how high inflation will be.The perennial stress of figuring out how much they can afford to withdraw can lead many to underspend in retirement. So, they live less well than they might and some die leaving a nest egg that is almost as large as, if not larger than, when they entered retirement.In her upcoming book, “The Forever Paycheck: The New Retirement Strategy to Spend More, Worry Less and Never Run Out of Money,” Jean Chatzky cites a study that found retirees who hold a greater portion of their wealth in guaranteed income – such as that from a pension or annuity – spend more than retirees who hold the greatest share of their wealth in investments.What’s more, the study’s authors noted: “Surveys reveal a clear preference among retirees to live off income and many don’t feel comfortable spending down assets to fund a lifestyle.”Put another way, “if you structure your money so you have a paycheck, you’re going to be a lot more comfortable spending it,” said Chatzky, founder of personal finance site HerMoney.com.Make your own pensionOnce you have a sense of your spending needs and figure out how much income you’ll need on top of Social Security, you can set up a “paycheck” in multiple ways.Chatzky’s book, which highlights the work of researcher Wade Pfau in creating a retirement income plan, lays out four income path strategies. The “right” choice comes down to how much market risk you’re willing to take versus how much income certainty you want.For those most interested in income protection, one approach is to set up part of your nest egg to produce a predictable amount of income every year through interest-bearing bonds and certificates of deposit. But that requires you to be somewhat proactive or pay someone else to do it for you.Another approach involves annuitizing a portion of your savings, which can ensure predictable income but also places limits on your ability to get any remaining money out.What annuities doAnnuities are not for everyone. Many financial experts note they can be complex, expensive and a potential rip-off if you’re directed to a product that is unsuitable for your needs. But for people who know how risk tolerant they are and who do their research, annuities may be helpful.Across the three main types of annuities — fixed, variable and fixed index — the income from each can be either immediate or deferred. (Annuity.org offers helpful guides about the different types and what to consider before buying one.)There are also a variety of add-on options: Do you want inflation-adjusted payments? Do you want to be paid for life or just over a decade or two? Do you want the annuity to have a survivor benefit? The list goes on.The more add-ons you choose, the lower your guaranteed paychecks will be. For example, a $500,000 single premium immediate annuity (SPIA) offering a 6% interest rate would pay you a flat $30,000 annually until you die. But if you opt for inflation adjustments, your interest rate will be lower, thereby lowering your initial payments so they can grow over time with inflation, said Bryan Hodgens, head of research for LIMRA, a trade association for the insurance and related financial services industry.None of it is simple. Both Hodgens and Chatzky recommend working with an accredited financial adviser who knows both your finances and your retirement goals to get the best guidance.But don’t sign a contract before comparing offers from different insurers, Hodgens said. Also, ask how your adviser is being paid for any product recommended and only buy from reputable insurers that consistently get a top rating (A or higher) from places like A.M. Best, Moody’s or Standard and Poor’s, Hodgens said.Chatzky said that because she is not a risk taker, she plans to buy an annuity with part of her nest egg.“But there are some people who are not wired to match with this product,” she said. “That’s where the financial planner comes in: to help people figure out if this is the right solution. And if not, how can you get as close as possible (to creating a paycheck) without the guarantee?”The-CNN-Wire™ & © 2026 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.
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