CD Player vs. music streaming


Dear audiophiles:

I am in the cross road for the media choice.  My CD player suffered from abnormal tray movement and consider to replace a new one (maybe the 2nd hand one).  But on last Sunday, I paid a visit to the audio show and find out there are showing many streaming player of the famous brands with  the price range of US$ 5000~20,000.  I feel the sound is not bad with short listening. 

I am thinking about my situation once more, if I buy a HI-Fi CD player, the price might equal to the audio streamer.  Then, if I choose the CD player, I would keep on buying CD. But if I give up CD player and replace it with a audio streamer, my expense might be the monthly subscription expense which cost a CD or so.  Besides,
my kids have no interest in classical music appreciation. There is no meaning for me to keep on buying CD. When I  am passed away, the CD are useless...without not penny. 

Under such kind of   consideration, should I stay in CD player or should I switch to music streamer. 
Any good opinion?
faust168
Big Greg the reasons you mentioned are one reason we recommend the Lumin products so highly.

They are designed to last a long time with a product lifecycle of 5-7 years

The firmware is constantly being upgraded as improvements to the devices are implemented.

The Lumin products sound fantaastic and in each price catagory are among the best sounding devices in their price range.

The Lumin products include Spotify, Tidal, Obouze,Internet Radio and Apple Airplay, designated Roon endpoint, and MQA built in.

The Airplay function is fantastic most people use an Ipad to control their Lumin this gives you the ability to stream Youtube as well as Soundcloud or any other Airplay compatible streaming app.

Dave and Troy
Audio Doctor NJ Lumin dealers
I'm setup to do both.. But I ripped all my CD's and stream them more than I listen to CD's.  I consider my CD's as Backup for my HD music collection.
I bought a Shandling CD player from a fellow A-Goner a few years back and couldn't be happier. I am using Telefunken tubes in the output , replacing the stock tubes.

It sounds fabulous!

Keep your cd collection and enjoy the music!
LUMIN U1 Mini with a T+A DAC 8 is what I have. Sounds wonderful and I do not miss my CDP.  Also you can stream with the LUMIN and it supports a multitude of services.  Its future proof.  
@audiotroy 
i recently tried an Innuos Statement in my system and I found that the same track ripped from cd by the Innous significantly outperformed the same track streamed via the Innuos (via Roon/Tidal cd-quality). Did you not find the same? (I was not able to compare to the cd playing direct)

i would think this is the greatest reason for the OP to go for this kind of solution.... get extra value from his CD collection while reaping rewards of streaming.