However, Gerrard is convinced that he can continue to have his usual impact in a dynamic role for Liverpool.
"I think people want me to say I can't play the same way anymore, that I have to go deeper to control the game from deep and play a slower game - but believe me, it's not happening," he stressed. "Not yet.
"I've spoken to the manager (Brendan Rodgers) about what role he sees me filling and he sees me as an attacking midfielder. That's good, because I believe passionately I can play a dynamic energy-type game.
"People keep mentioning Paul Scholes, but he's four years older than me! As we work through the ages, maybe 33 or 34, then perhaps I might be dropping a bit deeper, but I don't think that time has arrived yet."
Gerrard further added that he will adapt his playing style and position if he needs to in the future.
"Look, I'm prepared to adapt - I'll do whatever the manager wants - but I can still play the same way and I don't think anything is going to change in my game this season," he said.
"I'll play the Scholes role when I feel it's time, but it's not time yet. I can play that role no problem, I played it when I was 21, so I can do it when I'm 32, 33 or 34.
"That's the key for me, I know I can still produce the figures. I've got [backroom staff] Darren Burgess and Glenn Driscoll at Liverpool who collect those figures every day in training."
Liverpool will begin their 2012-13 Premier League campaign with an away game against West Bromwich Albion on Saturday.