The Liverpool defender believes that the Three Lions are in a period of transition but hopes new stars can emerge between now and the World Cup in Brazil in under two years' time
Carragher was a member of the 'golden generation' - a tag he referred to as "silly" - of players that travelled to Euro 2004 and the World Cup in 2006.
The 34-year-old has not played for his country since 2010 having stated that he would prefer to concentrate on club football and while Ferdinand has similarly faded out of the national team picture, Terry announced his retirement earlier in October.
|POINT IN POLAND A GOOD RESULT
|16/1||England are 16/1 with bet365 to claim a 2-2 draw with Poland
"The big hitters have moved on now," Carragher told The Sun. "Rio and John Terry have been the mainstays for a long time. They will be missed. I was part of that squad and group of players with the silly tag of the 'golden generation'.
"I don't think we have the players to replace them just yet but there are young players coming through who will hopefully fill that role.
"The job of Roy [Hodgson] and those players is to get to Brazil and take it further when we get there. I'm sure at this time next season there will be a player for England we haven't thought of right now. That is how quickly things change."
Carragher identified Tuesday's match against Poland in Warsaw as one of England's key qualification fixtures.
Having been held to a draw at Wembley by Ukraine, the veteran says it is now vital that the Three Lions pick up points against the teams likely to challenge them at the top of the group on the road.
"The Poland and Ukraine away games were something you looked at when the draw was made," he said. "You would like to get three or four points from those after drawing against Ukraine at home."