Should I replace 24 year old water heater?
I have been living in my home for about a year now and I have a 1990 model 50-gallon electric Rheem water heater. It seems to be in excellent shape with no rust anywhere, does not make any strange noises, and I never run out of hot water. However, do I need to be worried that this water heater is a ticking time bomb ready to dump out 50 gallons of water on my garage floor? How concerned should I be considering its age?