The Blues have yet to win the European showpiece title, finishing as runners up to Manchester United in 2008, and with key players such as Lampard, John Terry and Didier Drogba all ending this season the wrong side of 30 there are worries that time is running out for the current squad.
Speaking to the Daily Star Sunday though, Lampard brushed off those claims: "It is a load of rubbish when I hear talk about there only being one or two years left in our spine. This has been going on for a year or so.
"Sometimes that is mind games from other managers, or press talk. But we proved them wrong last year.
"We have got players here who are experienced and you can't buy experience in football. Look at Didier, he will overpower any player who is 24 or 25.
"People have been talking about Paul Scholes and rightly so. If you took him out of the United team now, they'd need to replace him - and probably wouldn't be able to."
And Lampard admitted that becoming the European Champions was something that still inspired him:
"Every year I set my goals again. I don't lose any ambition or drive.
"I would love to win the Champions League one day but I want more Premier League titles as well.
"And if I can keep my level up I think I can play for many more years."