The Brazilian defender thinks Gerrard will look back on at his decision to not leave Liverpool and regret, at the end of his career.
Edmilson said: “Gerrard is the face of Liverpool, he is the club’s identity. But you know what, I think he should think about a new experience as a footballer.
“It is great to create this identity, to be a symbol for the team, for a club, for a country. But there is the professional side of it too.
“Otherwise, when you stop playing football you might think ‘What have I done? What have I accomplished?’
“You’ll see you spent the whole of your life in the same place and wasted one hell of an opportunity to do new things and win different titles.”