A processor and method has at least one processor core for processing information and receives an operating voltage for powering circuitry of the processor. A selector receives a value indicative of a temperature within the processor and receives a value from a plurality of possible longevity values that each indicates a predetermined desired longevity of valid operation of the processor. An output provides an identifier that controls at least one of an operating voltage or an operating frequency of the processor, wherein the identifier provided is at least based on the value indicative of temperature and the predetermined desired longevity. A reliability storage device coupled to the selector stores the value from the plurality of possible longevity values that each indicates the predetermined desired longevity of valid operation of the processor.