Time Capsule

• Time capsules are often sentimental gifts, commemorating important historical events or things that happened on the year a person was born. With a little imagination, time capsules can make great gag gifts. Try filling yours with things that exaggerate the time span of the person's life, such as plastic dinosaurs, dirt, the wheel and other ancient or very old items.
  
  

Medical Equipment

• Medical equipment pokes fun at the aging process. Examples of gag gifts for someone reaching midlife or early old age include walkers and canes, bed pans, adult diapers, hemorrhoid cream and denture cleaner. Give these items individually, or create an old-age gift basket that features several of the items.
  
  

Getting Old Sucks

• Chose a decorative flowerpot and place a piece of florist's foam inside so that it comes nearly to the top of the pot. Hot glue a cone shaped piece of foam to the top of the first piece so that the cone points out of the pot. Stick 50 lollipops into the foam, being sure to space them so that most of the foam is not visible. Use a marker (and stencils if you have bad handwriting) to pen "Getting Old Sucks" on the flowerpot.
  
  

Geriatric Exotic Dancer

• If you'd really like to make a big statement with your gag gift, hire a geriatric exotic dancer. You could fabricate a large cake for the dancer to spring out of or go with the old gag of someone coming to the door to make a delivery and then doing a striptease instead. Be sure to explain this gag to your partygoers in advance so no one will be offended.
  
  

Fire Extinguisher

• Give the birthday girl a fire extinguisher. When asked why you gave her a fire extinguisher, inform her that it is to assist her in blowing out her birthday cake candles.