You have to remember that the listed deaths include those who died of something else, even though they had tested positive for covid, so in many respects the figures are meaningless aren’t they?
The majority of people over 60 have an underlying health condition, but can expect to live for many more years. If well managed, many chronic health conditions have minimal effect on life expectancy.
The vast majority of people whose death is listed as "Covid" did die because they caught Covid. It's nonsense to claim that they didn't, but it's known that some health conditions make people more susceptible to serious issues.
So, no, the death statistics aren't perfect, but they're not "meaningless" either.