If a dog of 10 has a change to his testicles, it is better to castrate than risk a tumour spreading a killing him.
We just faced the same quandry with our 11 year old Champion male. We decided to go ahead with it, and it has made absolutely NO difference to him and the operation did not affect him at all.
Surgery is not without risk at any age, but it's safer to undergo it when relatively healthy, than in an emergency situation.
Snomaes