"I can be open and honest with you now that I haven't made that decision because I haven't had the chance to chat with the manager at length over it.
"But I'll be chatting to (Liverpool manager) Brendan Rodgers, Roy Hodgson and a few important people around me whose opinion I respect, players I've played with. I'll chat to them all and make the right decision at the right time.
"It will be very close after the World Cup I'll make that decision.
"It does to depend on how the World Cup goes, how I perform, how the team performs. Am I still going to be wanted after the World Cup? These are all the questions we'll have to sit down and answer.
"I won't stay around if I'm not wanted. I hope I perform to the level where I am wanted and I've got that difficult decision to make."
Gerrard is fast closing on David Beckham as the most-capped outfield player in England's history.