Key rotation advice is usually written for servers and certificates, not for the drive in a laptop. On a disk, changing a passphrase and replacing the key are two different operations with very different costs.
This guide separates the two, explains why a full re-encryption is slow, and gives a rotation schedule that fits ordinary desktop and container use.
The first question to settle is which of these operations your policy actually requires.
The key is produced by a key derivation function, which is why a passphrase change is fast while a data key change is slow.
A new passphrase is combined with a fresh salt, so the same weak passphrase does not produce the same key twice.
Qiling Safe Disk keeps a folder or a partition inside an AES-256 container, so rotating a passphrase never means rewriting the file system. Download and install it first.
Step 1. Open Qiling Safe Disk and click Create to make a new container.

Step 2. Set the size, choose AES-256, and set the passphrase you plan to rotate later.
Step 3. Click Create and wait for the container to be written.
Step 4. Mount the container and move the working files inside it.

Step 5. Use the change-password option when the schedule comes due, then unmount to lock the data again.
Treat the schedule as a written policy so the next person to hold the drive knows when it was last changed.
For passphrases, a yearly change is a reasonable default; for data keys, rotate only when exposure is plausible.
Usually not. Most containers keep the data key and re-wrap it, which is why the change takes seconds.
It depends on drive size and speed; a multi-terabyte disk can take many hours, so plan a window without power risk.
Yes, but keep free space available and back up first, because an interrupted rewrite is difficult to recover.
Destroy it after the new key is verified, or it still opens the drive you just rotated.
Before installing security software or changing storage, create a full Windows backup. Qiling Disk Master creates a system image you can restore from.
Step 1. Open Qiling Disk Master and select System Backup to include Windows and the boot partitions.
Step 2. Save the image to a drive other than the Windows disk and start the backup.
Step 3. If a change causes issues, restore from the image to return Windows to its working state.
Key rotation on a disk is mostly a question of scope. Changing a passphrase re-wraps the data key in seconds and should follow any staff change or suspected exposure; replacing the data key rewrites the whole drive and is worth the hours only when the old key may have leaked. Put the passphrase change on a six to twelve month reminder, review recovery keys once a year, log every rotation, and test the process on an AES-256 container such as Qiling Safe Disk before you touch a system disk.
For more on managing encrypted drives, see What Is a Virtual Encrypted Drive, How to Back Up an Encrypted Drive, How to Protect a Laptop When Traveling, and How to Use Qiling Safe Disk.