I have braid rods that I use on lakes in the summer and I get at least 4 or 5 years out of by doing what PmB explains. Then my river beater rods that I fish around a lot of rocks and timber and loose a lot of jigs I maybe get 2 or 3 years out of even with flipping the braid as I just go thru line a lot faster due to loosing jigs and retying a lot more.
I pull off 40ft of line and cut it. I don’t fish deeper then 30ft so the extra 10ft of cut off is any possible ice build up that may have frayed the line. I run a mono backing on my reels to prevent line slipping on the spools a 150yds of braid goes a long ways on my ice reels.