Personally, i'd never let a single monolith grow that far. Having a problem component or two that could be left on JDK 8 until they die and are rewritten (which would actually be possible with systems that have clearly defined boundaries and smaller scope), while migrating everything else.
Sadly, i don't get that choice, nor do i get the choice to make the judgement call to leave the monolith on JDK 8 in the name of stability. But hey, at least i'm paid a bit of money for it, so i have some motivation to work on all of it to the best of my abilities, learn a bit more about the JDK internals, have a word or two to tell others about my experience before i inevitably burn out from the churn.
Personally, i do still think that Java is pretty good when it comes to stability and backwards and forwards compatibility, especially since tooling like Maven is actually pretty good when compared to the alternatives (well, the parent POM functionality is confusing sometimes, but oh well, it has its use cases). That said, JDK 8 to newer releases was indeed a generational shift (probably one for the better) and you see similar things with Spring Boot 1.5 to Spring Boot 2.X, those breaking releases are inevitable.
I only wish that the things blocking people from writing more modular systems would disappear over time, so that huge monoliths that are incredibly hard to work with wouldn't be such an issue. I'm not necessarily advocating for microservices here, since people tend to go straight from one ditch into the opposite one (multiple services per person, nightmarish service mesh, needlessly large % of the code being for shuffling data around, suddenly building a distributed system even within a single domain), but at the very least it would be really nice to have someone look at it and say: "Hey, this PDF generation logic looks really brittle and perhaps should be a service of its own." or maybe: "Oh, hey, we're serving our RESTful API calls and front end resources from the same application, maybe we should have a separate front end app, served through a regular web server?"
Then again, if nothing else, i always have the choice to choose where i'm employed, even though i don't feel like letting my coworkers down at the moment either.