Question

Into the learn and slippered pantaloon

Answer 1

The line reveals that in the sixth stage of life, man becomes quite lean and thin. He wears slippers. He looks a funny old man in his loose clothes.

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Answer 2

This line means that in the sixth stage of life, the man grows thin in stature (lean). He looks like an old fool (pantaloon) in his ragged old slippers (slippered).