I've had a few of our things of flavored lube about a year now and I haven't had any issues with them. I'm bad and haven't checked for an expiration date tho. If there is one, you should probably get rid of it once it reaches that point or starts to change color or consistency. I haven't had to get rid of a lube yet because it went back.
I've had one bottle (that I've obviously been using very slowly) for about three years. So far, it's doing fine. The expiration date is printed on the bottom as either 2013 or 2015 (can't remember off the top of my head), so I think I'm good.
Same as Shellz31. Mine was bought before my sister's 18th. Now she's... 21. Ancient stuff but it works and doesn't irritate me. I'll buy something new at the next opportunity. I'm so excited about trying something like System Jo or Sliquid. Haven't seen any of those in my country.