I would have thought of him older than 61...it seems like he's been around forever. I remember him taking on Fritz Von Erich in 1982 at Texas Stadium in Fritz' 'retirement' match. Nothing like seeing an old, fat, chain smoking, out-of-shape Fritz Von Erich 'defeat' Bundy. No way would they let Fritz lose that match.
Little known fact: The writers of Married With Children were huge wrestling fans and that is how they came up with the Bundy name. The Rhodes' (next door neighbors) were named after wrestler Dusty Rhodes. Bundy even appeared in a couple of episodes over the years.