The Liverpool midfielder has previously suggested he will retire after Brazil 2014, having already earned 105 caps since his international debut in 2000.
|25/1||England are 25/1 with BetVictor to win the World Cup in Brazil next summer
However, Hodgson is refusing to plan for the 33-year-old’s international departure just yet and hopes his captain will still be available after next summer.
"It is easy for players to talk about retiring in a year's time," Hodgson said.
"I have fallen into that trap myself on several occasions. When the time rolls around you realise you don't actually want it.
"Let's wait and see with Steven. I know he gives these interviews and people write these things but I just bat them off.
"The most important thing is for England to be at the World Cup. Then I am rather hoping Gerrard, Ashley Cole and Frank Lampard will still be available.
"If afterwards, for some reason, they aren't, we will re-assess."
Hodgson also feels that Gerrard, who has two years left on his Liverpool contract, is benefiting from playing in a deeper role, after his impressive display during the midweek World Cup qualifying draw against Ukraine.
He added: "I have always questioned Steve as an out-and-out attacking midfield player.
"Steve has such energy, he really is a box-to-box player and if you take him away from the build-up from the back, then you are not getting the best out of him."