I have not owned thin bars, so I can't speak beyond what I see from others about their fish and what I read about them and see in the internet and books.
Thin bars grow large, but not nearly as large as wide bars, which can become true monsters. In fact, from what I see, thin bars usually also remain smaller than the largest red-hooks (M. rubripinnis).I believe 8" in length is a reasonable expectation for your fish, in a large tank, in good conditions; however, what I see is usually around the 6-7" mark.
Regarding fading bars. I have never heard of thin bars (or wide bars) to gradually loose the strength of their bars as they age, in a permanent manner. Perhaps others may chime in with their experiences. But of course it is the common experience that all silver dollars can change dramatically the intensity of their colors depending on mood (i.e., breeding coloration and hierarchical displays), health, feeding regimes, and conditions in a given tank. These color changes can be remarkably striking, even within a single day for an individual fish, etc.
My personal believe (may be wrong) is that they don't fade permanently with age.
That said, it is the truth that some species do change coloration as they age, including towards becoming dull, grayish, whereas their young had dramatically colorful looks. Some striking examples are Distichodus (sexfasciatus and lussuoso), Flagtail Prochilodus, and several of the siamese "sharks".