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The average lifespan of a home electrical system is anywhere from 30 to 70 years or more, depending on the type of system you have. Modern electrical wiring, like aluminum or copper, can last 50 to 70 years while older types may need to be replaced sooner. Additionally, circuit breakers tend to last anywhere from 30 to 40 years, while electrical outlets need to be replaced every 10 to 25 years. 

No, it’s extremely dangerous to cap off live electrical wires. Working with live wires puts you at serious risk of electric shock, which can cause injury or even be fatal. Whenever you need to cap off electrical wires or complete any electrical work in general, it’s essential to shut the power off at the breaker before you begin.

While circuit breakers are designed to be reset after tripping, there isn't a strict countdown to when they will fail. The primary danger lies in a breaker tripping multiple times in a short period without allowing the components to cool down. Theoretically, a standard breaker might handle around 50 trips caused by simple overloading. However, this number can be much lower in practice. For instance, a high-current fault could damage a breaker to the point that it needs replacement after only two resets. Repeatedly resetting a breaker that trips frequently exacerbates the underlying problem by causing the electrical components, wires, and the breaker itself to overheat. This can lead to permanent damage, cause the breaker to trip unnecessarily in the future, and increase the risk of an electrical fire. If a breaker trips every few minutes, you should leave it in the 'off' position and call a qualified electrician for an inspection.

If there’s already a suitable outlet near the range, you likely won’t need an electrician to install an over-the-range microwave. However, if there isn’t an existing outlet or the current one doesn’t meet the microwave’s power needs, you’ll probably need an electrician to install a new outlet.