Film does have a limited life, as indicated by the date on the carton.
Storage conditions are of primary importance. As an extreme, film stored in moisture-proof packaging in a refrigerator or freezer may be satisfactory even a year past its expiration date. Under more usual storage, the actual date or a few weeks beyond is a good guide. If storage conditions are doubtful, take pictures that can be retaken without difficulty should the film show age deterioration. If several rolls have the same date and storage conditions, expose one roll and use the results as an indication of the quality of the rest.