Go to the doctor.
I just listened to this song, and it was hard not to think that they were talking about some nutsacks. Listen and see if I'm crazy.
I guess technically they're singing 'bout the coconut toss at the fair, but that's just a euphemism for gargling balls, right?
Did you know Merv Griffin used to be young?
Not really a whole lot more to say. Made a joke about the nuts part of coconuts, referenced the actual meaning, then made a keen observation that most if not all people were once younger than they are now.
Short Answer: Fuck! My life is shit!