> Evolution has had billions of years to do it, and for whatever reason the conclusion is that either it's not possible, or the cost is not worth it.
To be fair, in the "eyes" of evolution, once you stop breeding, you are effectively dead weight and a resource sink - there's been no benefit to evolving hyper-age solutions. I guess mayflies are the ur-example here - they grow, they breed once, they die and leave all the resources to the new crop.
Even if you kept breeding, as your age goes up, your ability (absent modern medicine and luxuries) to get your children to breeding age goes down (a 20 year old has a much better chance against a sabre-tooth tiger / flu / cold weather / etc. than a 70 year old...)