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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. 

Both can and canless lights have distinct advantages, and the better option depends on your specific needs and preferences. Canless lights are often preferred for modern homes due to their slim, low-profile design, energy efficiency, and ability to fit in tight spaces with less ceiling depth required. Can lights, or traditional recessed lights, provide a classic look and may be better for high ceilings or areas that need stronger, more focused light. While they can be durable, they typically require more ceiling space and installation work. Ultimately, you should choose canless lights for a modern look and energy savings, or opt for can lights for a traditional aesthetic and robust lighting in larger spaces.

It can be safe to buy or live in a house with knob and tube (K&T) wiring, but only if the system is in good condition, functional, and has been thoroughly inspected and approved by a licensed electrician. Never purchase a home with K&T wiring without getting a professional electrical inspection first.

Key considerations include:

• Safety and Condition: An inspector will verify that the wiring is safe and has not deteriorated. Over time, the insulation can wear away, leaving exposed wires that pose a significant fire or shock hazard.

• System Capacity: The electrical service should be at least 60 amps. However, even at this capacity, K&T systems often struggle to handle the demands of modern appliances and electronics.

• Lack of Grounding: Knob and tube wiring is an ungrounded system, which is a safety concern for many modern devices.

• Ongoing Maintenance: If you live in a home with K&T wiring, it's recommended to have it inspected by an electrician every one to two years to ensure it remains in safe working order.

Ultimately, any inspection or modification of a knob and tube system should always be performed by a certified professional.

Old electrical systems may have more problems than newer ones. In some cases, like if your home has aluminum wiring, it may be necessary to update your electrical system. You should also update your home’s wiring if it still has knob and tube wiring, which is considered dangerous by modern building standards. If that applies to you, get in touch with an electrical professional near you to obtain a quote.