England manager Roy Hodgson has revealed that Lampard, 36, will captain the side in their final game against Costa Rica in Belo Horizonte on Tuesday, after which the squad will return to London.
Gerrard, 34, said on Sunday that he needed time before making an announcement about his international future and Lampard, who was released by Chelsea at the end of last season, is in the same position.
Asked if Tuesday's Group D fixture against Costa Rica will be his final game for England, Lampard told BBC radio: "I don't know.
"This is not the time and place here. Making judgements when you are sitting in your room for a month on your own, you don't always come up with the right judgement."
England's elimination at the World Cup has already been confirmed after they lost 2-1 to both Italy and Uruguay in their first two games.
Lampard has been linked with a move to Major League Soccer in the United States, but Chelsea manager Jose Mourinho says he will always be welcome at Stamford Bridge and could one day manage the club.
"He was a big influence on my career and the club is special to me. I don't know what I will do after football, but if there was any club I would want to manage, then everyone knows who it would be.
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