When do you need to get bigger toe picks and new skates in ice skating?

i do figure skating, and I have gotten new skates, and a bigger toe pick when i started doing jumps, like the waltz jump, in freestyle 1. I am now in freestyle 5 or 6, and im doing flip and lutz. people say that you need a bigger toe pick, and better skates when you start doing an axel. is this true??? I just really need to know when you need to get these bigger toe picks, and new skates. Please help!