I would replace it immediately. I just went through replacing my entire water system under duress. It's not fun. I had to replace a 1 HP well pump at 400 feet, then the associated pressure tank. And because everything was over 20 years old, my septic pump died and my 275 gallon fuel tank. I won't tell you how much this all cost, but it wasn't cheap.
Consider too, the logistics of getting all this equipment is becoming harder and harder, not to mention more expensive by the day. People who can actually do the work are becoming more scarce as Pfizer is ensuring they die suddenly.
Don't wait.
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