"I can understand that at my age people are going to start questioning me and asking me if I'm going to quit England and focus on Liverpool, but I don't see it like that," Gerrard told the Daily Mirror. "I don't think I have a decision to make. I love playing for England, I love playing for Liverpool."
The midfielder admitted, however, that he must first impress manager Hodgson during the European tournament from 8 June to 1 July.
"I think it's going to be a case of let's see how I perform in this tournament," he said. "Let's see if first and foremost I have a future with this manager if he's keen for me to stay about.
"If the manager says to me at the start of next season that he thinks I did well in the tournament, that he wants me to stick about, that he can protect me, not overuse me and that I have a big part to play, I'm sure I will carry on.
"If the England manager says to me that he wants me to stay around for Brazil, that would be a nice carrot on the end of the string for me.
"That would be a good tournament for me to bow out at, but there are a lot of things to consider. The way I look at it at the moment is my body is in the best shape it's been in for many years. My groin problems are all behind me and I feel strong."