An optoelectronic device uses microcode to perform an end of life calculation for the optoelectronic device. In particular, the optoelectronic device senses environmental and operational parameters under changing conditions during device operation. The optoelectronic device then calculates the end of life for itself based on one or more of the sensed environmental and/or operational parameters. The calculation can be done in real time and using digital logic. The calculation can provide a result in a format which is useful to a host system with which the device is connected. The optoelectronic device may automatically shut itself down upon reaching its calculated end of life.