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The life span of insulation is between 20 and 100 years. At that time, existing insulation can fall victim to gravity, resulting in compression, which reduces its insulating protection or R-value. If you can't simply add more insulation over the existing material, removing the old to increase the effectiveness of the new can reduce your energy bills and make the project worth the time and money investment.

The primary downside of radiant barriers is their limited effectiveness in cold climates. They are designed to reflect radiant heat, making them less beneficial in cooler conditions where heat retention is more important. 

Radiant barriers require proper installation to maximize effectiveness. Incorrect placement can lead to minimal benefits. They also do not provide insulation, meaning they should be used in conjunction with traditional insulation for optimal energy efficiency. 

Natural fiber batts and spray foam insulation both work great for soundproofing. Newer materials, such as hemp batts, are more expensive but more effective for insulation and sound blocking. They are also more sustainable. There is also a professional system called Blow-In Blanket Insulation (BIBS) that is soundproof and moisture-resistant. However, BIBS must be installed professionally and can be a costly investment.

Doubling the insulation in your home also doubles the R-value of said insulation. In other words, by adding more insulation, you can reduce the heat loss by half. Most homes benefit from increasing insulation. Older homes, in particular tend to have less insulation as is, so doubling your insulation could drastically reduce your energy bills, keep your home more comfortable, and take the strain off your HVAC system.