I would take a serious look at a lathe myself. It has not gone unnoticed in the turning community how many of us are middle to senior aged.
It is popular for a lot of reasons, certainly the first one being that it is a lot of fun. But also, unless you want to, you don't have to learn measuring, fitting, or work with plans. If you are committed to turning, you will eventually need to do those things, but you really don't need to. In the mean time, a few simple skills will go a long way and you can learn as you turn.
The thing that seems to get most of the guys going is the fact that they can take a chunk of wood from the road, the dump, from trimming their trees, etc., and make bowls, ornaments, and any number of projects.
Oh yeah, and it is >really< fun.
Robert