I have been an active audiophile for about fifty years. Typically I upgrade my system about every seven to ten years with new equipment. I found for me every ten years represents a very significant improvement in performance, worthy of upgrading. I have stayed with some brands and experienced different brands.
This is me. But my reaction after ten years has always been, “wow, I didn’t think that big a difference was possible.”
‘Also, around fifteen years performance starts to be impacted by age… by twenty most things are not sounding that good compared to when new. It happens so slowly it is not obvious, and is easy to conflate with new equipment’s better performance.