You don't need to transplant it until it is literally filling the pot completely. They can live for years and years but after blooming the original stalk dies and the smaller "pups" or daughter plants around the base take over. Water enough to keep the soil slightly moist but not soggy wet. Once a month fertilize with a dilute soluble product such as Miracle Gro at the low label rate. Provide it lots of bright light although direct sunlight in not necessary.
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