I am an old geezer as well and have navigated the digital transformation over the last twenty years. So, let me try and help.
The end game is high quality streaming. If you do that right, then the CD disk and/or storage is just an non essential intermediate step. In today’s world, unless you are really fond of getting up and changing disks… I am getting old. And am not. The highest quality streaming is the objective. You get higher quality music at a very low cost.
It is not too hard to get streaming as good as CD played an a player. A CD simply hasfiles on a disk (it is a file storage device like a hard drive)… alternative storage puts that file on a hard drive or network drive, streaming downloads on demand. The requirements of a good sound is a great streamer (CD player is a physical transport, streamer, and DAC), and DAC. So, the most cost effective solution is to get a great Streamer and DAC. Think of streamer as the turntable and DAC as phono stage. With the cost of a Qobuz or Tidal subscription at about one CD per month, you get a virtual infinite library and much of the content higher resolution than red book CDs.
So, I would reconsider your strategy and think about focusing all funds into these two components: streamer and DAC. Also, I recommend looking to Aurender for a streamer. If you want a combined streamer / DAC, they have those also, but just like most folks buy a turn table with separate phono stage, most serious audio folks go for separate streamer / DAC. PCs can be used for streamers, but they are noisy and not going to get high end sound.
I have simply communicated the highest level of info. Happy to talk a lot more. You can see my system by clicking on my user ID. There is nothing wrong with doing intermediary steps of cherishing the sunk cost of your CDs, or ripping them and storing them… but in today’s world they are unnecessary and costly. By the way, the only reason I have a CD player any more is that the Audio Reseach Ref CD9se is simply the best sounding DAC to me and is very synergistic with my system.
Also one additional note. most CD players are now sold as CD Player / DAC since manufacturers know CDs are on the way out and the DAC is now the center of attention. You simply have to look at the back of a CD player to verify it has “Digital In” connectors.
Also, one small thing. If your system is not near your router, that is not a problem in getting a physical Ethernet connection. You just get a wall wart WiFi extender and plug it in next to your system. The better the streamer the less subject to drop outs from network. I haven’t had any interruption of any kind for months. If your not comfortable with this, you can have a little local storage.