The Kiwi number 10 is scheduled to win his 100th Test cap at Twickenham, where he will become the fifth All Black to reach a century of international appearances.
Farrell has admitted that he is a huge admirer of Carter, but has stressed that he will not let the 31-year-old's reputation upset his own game when they go kick for kick this weekend.
"Obviously he's a world-class player and one of, if not the best, for a long time. I definitely try to take as much as I can out of what he does," Farrell told reporters.
"There isn't much I don't admire about him. He's not bad at anything. He's world class. The impressive thing is that he's been doing it for a long time - there's been no drop-off.
"I respect him massively because of what he's done and who he is, but there's no point sitting back and being in awe of it. You've got to go out and perform yourself. You've got to get excited about it."
Farrell, 22, is far less experienced than Carter, having only been capped 16 times by England.