So while
@joeschmuck is certainly correct from the intellectual/truth standpoint, I myself sometimes find it necessary to think with the heart, in addition to thinking with the brain.
I, personally, must feel like I can "trust" all of my equipment. Of course, I have the right RAID levels, the right equipment, God knows the right level of skill to properly maintain it. I even have cold spare new virgin drives on hand, should one of them fail. But what I expect is for the system to WORK, I don't EXPECT to ever need to replace anything, I have never in my life, actually, needed to bring down one of cold spares, knock on wood. When the components are aged to a point where I am now starting to expect a failure "any day now", then that's no longer where I want to be.
When I have drives getting into 30000 hours of rust-spinning time, then it's simply time. And I replace the whole NAS. This is what I've always done, at least since I got my first bigboy job after grad school. I buy for tech for today (not tomorrow), and plan to use important things (like a NAS) for 3-4 years, and unimportant things until they break or become too dated to use. I don't even attempt to "future-proof" a system (to me, that's a mark of an idiot, justifying a very pedestrian and immature "E-{genitals}" as if it were wisdom). And then when the equipment is getting elderly, I replace it, or demote it to some kind of emergency backup system or whatever, or give it to a grad student who can't afford the computers I take out of petty cash (I was once in that spot myself, and would have liked to have the local DrKK giving me his "old" computers). I certainly don't wait for things to break, these days.
So there are at least two schools of thought on this. Most sensible people, like
@joeschmuck, simply say: "Know what you're doing, buy proper equipment, and be ready to replace failing equipment, and your stuff can last a decade or more!" Less sensible people like me say: "Proactively replace your platforms and devices as the equipment starts getting into elderliness---after all, it's really not that expensive, and I hate surprises, like waking up in the morning---in a hotel room in a different continent, because Murphy's Law---with failing hard drives".