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The average lifespan of an oak tree is 100 to 300 years, so long as it isn’t impacted by diseases like sudden oak death. Some species will last shorter or longer, depending on where you live.

You’ll have to balance up the cost, the value of the tree (sentimental or otherwise), and the risk factors. An experienced arborist will help you understand whether transplanting is likely to be successful. The cost and hassle of transplanting a large, well-established tree are often not worth it, especially if the species is fast-growing and easy to source. The decision depends on the age and species of the tree, the conditions in the new site location, and how careful the company is when digging out and moving the tree.

It is possible to cut down a tree on your property yourself, but it is generally not recommended unless specific conditions are met. You should only consider this project if the tree is small (e.g., under 4-5 inches in diameter and short enough that you don't need a ladder to reach the branches), and you are experienced in handling a chainsaw. The tree must also be located far from any power lines, fences, homes, or other structures. Even for small trees, the work can be dangerous, and it's always advisable to have a spotter to ensure the tree falls correctly and no branches fall on you.

For any tree that is large, requires a ladder to access, or is near electrical lines or structures, you should always hire a professional. Attempting to remove a large tree yourself is extremely dangerous, poses a risk of serious injury, and could result in significant damage to your property.

Before any tree removal, it's also important to check your local and state regulations to ensure the tree is not historic or otherwise protected by your city.

Trees are beneficial to the environment and wildlife. If you have an old tree, but it’s healthy, it may be best to avoid cutting it down. However, if it’s showing signs of bug infestation, disease, or is potentially hazardous, then you should contact a tree removal company to cut it down. 

If you are unsure whether you should have it removed or not, then speak with an arborist to determine what is best.