diff --git a/README.md b/README.md
index fb99d0558..508334140 100644
--- a/README.md
+++ b/README.md
@@ -162,9 +162,6 @@ ## UPDATE
 * `yt-dlp --update-to 2023.10.07` upgrade/downgrade to tag `2023.10.07` if it exists on the current channel
 * `yt-dlp --update-to example/yt-dlp@2023.09.24` upgrade/downgrade to the release from the `example/yt-dlp` repository, tag `2023.09.24`
 
-When running a yt-dlp version that is older than 90 days, you will see a warning message suggesting to update to the latest version.
-You can suppress this warning by adding `--no-update` to your command or configuration file.
-
 **Important**: Any user experiencing an issue with the `stable` release should install or update to the `nightly` release before submitting a bug report:
 ```
 # To update to nightly from stable executable/binary:
@@ -174,6 +171,9 @@ # To install nightly with pip:
 python3 -m pip install -U --pre "yt-dlp[default]"
 ```
 
+When running a yt-dlp version that is older than 90 days, you will see a warning message suggesting to update to the latest version.
+You can suppress this warning by adding `--no-update` to your command or configuration file.
+
 ## DEPENDENCIES
 Python versions 3.9+ (CPython) and 3.11+ (PyPy) are supported. Other versions and implementations may or may not work correctly.
 
diff --git a/yt_dlp/YoutubeDL.py b/yt_dlp/YoutubeDL.py
index 9b391b278..77725257b 100644
--- a/yt_dlp/YoutubeDL.py
+++ b/yt_dlp/YoutubeDL.py
@@ -505,6 +505,7 @@ class YoutubeDL:
     force_keyframes_at_cuts: Re-encode the video when downloading ranges to get precise cuts
     noprogress:        Do not print the progress bar
     live_from_start:   Whether to download livestreams videos from the start
+    warn_when_outdated: Emit a warning if the yt-dlp version is older than 90 days
 
     The following parameters are not used by YoutubeDL itself, they are used by
     the downloader (see yt_dlp/downloader/common.py):
@@ -704,8 +705,7 @@ def process_color_policy(stream):
         system_deprecation = _get_system_deprecation()
         if system_deprecation:
             self.deprecated_feature(system_deprecation.replace('\n', '\n                    '))
-
-        if self.params.get('warn_when_outdated'):
+        elif self.params.get('warn_when_outdated'):
             if version_age_warning := _get_version_age_warning():
                 self.report_warning(version_age_warning)
 
diff --git a/yt_dlp/update.py b/yt_dlp/update.py
index 327c8b2ae..1070ff972 100644
--- a/yt_dlp/update.py
+++ b/yt_dlp/update.py
@@ -173,25 +173,18 @@ def _get_system_deprecation():
 
 
 def _get_version_age_warning():
-    # Only yt-dlp guarantees a stable release at least every 3 months
+    # Only yt-dlp guarantees a stable release at least every 90 days
     if not ORIGIN.startswith('yt-dlp/'):
         return None
 
-    try:
-        version_parts = version_tuple(__version__)
-        if len(version_parts) < 3:
-            return None
-
-        update_message = UPDATE_HINT or 'Run "yt-dlp --update" to update'
-
-        if dt.date(*version_parts[:3]) < dt.datetime.now(dt.timezone.utc).date() - dt.timedelta(days=90):
+    with contextlib.suppress(Exception):
+        last_updated = dt.date(*version_tuple(__version__)[:3])
+        if last_updated < dt.datetime.now(dt.timezone.utc).date() - dt.timedelta(days=90):
             return ('\n         '.join((
                 f'Your yt-dlp version ({__version__}) is older than 90 days!',
-                'It is strongly recommeded to always use the latest versions, as sites regularly change and extractors need to be adjusted.',
-                f'{update_message}. To suppress this warning, add "--no-update" to your command/config.')))
-    except Exception:
-        pass
-
+                'It is strongly recommended to always use the latest version.',
+                f'{UPDATE_HINT or """Run "yt-dlp -U" to update"""}.',
+                'To suppress this warning, add --no-update to your command/config.')))
     return None