Can I update the non-CC version of After Effects to the latest version?

Hello!
I'm fairly new to After Effects and have the disc version (I'm not a Creative Cloud subscriber but have a legitimately purchased program that came in the box).  I was looking for Advanced Spill Suppressor under the Keying Effects, and it was not listed.  I read somewhere that I needed a more updated version of the program.  Since I don't have a Creative Cloud subscription, am I unable to update my After Effects?
Thank you!
Harlan

Szalam and Dave, thank you for responding to my question.  You both have good points to consider!  Now I have something to think about, since it's not like I'm rich and can throw money at all the neat things I want in this life
Have a great day!
Harlan

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