I think about this a lot, and I'm only 36. I have been playing games since I was 5, and unlike most people who are gamers my age, I have never taken a break. I've always stayed up to date with the hobby, through magazines, podcasts, YouTube, and of course, buying the latest consoles and big releases.
Like you, I'm not too happy with where the industry is going. It's all kind of congealing into one big lump, isn't it? As an RPG fan it's hard to define that genre. Isn't everything an RPG these days?
I keep thinking about "retiring", by which I mean that I would stop buying new consoles and games, but start playing games out of my huge collection and revisit old favorites.
I'm very curious though: as a 62 year old gamer, do you find things difficult? One of the things I worry about most as I get older is not being able to even participate in this hobby. I can always read a book or comic, and enjoy movies, but I need skill and reflexes to enjoy games.