Absolutely. When I'm old and wrinkly why on earth would I care what someone thinks about my skin...I'll be happy to still be alive so tats will be no big deal.
I always find it amusing how everyone always focuses on the "what's that gonna look like when you're 80" topic. Frankly, the rest of me won't look so great when I'm 80, either! Who cares about a little (or a lot of) ink?