There are folks, like myself, who are in their 60's and looking at retirement in a few years, most likely reduced incomes, potentially much smaller living spaces, and unfortunately, either less acute hearing or more serious medical conditions to contend with or both.
Not to be a downer, but individual components that cost more than say $2K become very unnecessary after awhile.
I like my current systems a lot, but I recognize that the components I like best are going on 15 years old and may be nearing the end of their useful lives. So when I replace them, I am thinking this will be the last time I make the purchase.
My focus now is making sure I have back-up in case something breaks down or can not be repaired. I have a veritable boatload of CDs and zero desire to stream or convert to files. So, I have 2 CD players, new in the box, on the shelf, so I am covered for the next 20 years.
As for all these stunning $5K+ components, that time has passed for me at least. They just don't make sense anymore. It is a hobby after all.
Rich