I usually suck all the fluid I can out of the reservoir with a pump and refill with fresh fluid. Doing it this way doesn't get all the fluid in the system out, but if you do it often enough, all of the fluid will stay fresh. I do it every oil change.
this is so true. i wish i would have done it.
my truck is about to turn 200k, and its never had a power steering flush. for two years ive been getting shakey steering when its hot outside. i thought it was bad balljoints or maybe even the intermediate steering linkage going bad.
today i proved myself wrong with a simple fluid change. i just sucked out the reservoir with the truck running... then filled with new fluid (only takes about a 1/4 quart each time). then, turn the wheel back and forth about 10 times. suck out the reservoir again and refill with fresh, and turn the steering wheel again.
i did this about 6 times, used up three quarts of fluid before i finally stopped. the fluid was black, now its light brown (new fluid was clear). so it looks a little better, but most importantly my steering tightened up completely. no more shaking wheel when braking, no more jogging wheel on bumps. it totally fixed my problems!
i would do exactly what exbass says. every oil change, suck out your power steering reservoir and replace with fresh fluid. this will ensure it stays fresh.