My projection of the meaning of this song is that she tells us in the first paragraph what is going on. She's contemplating her demise, the passage of time, as she lets go and accepts what she cannot stop. "My Lady" is herself. Then she reminisces when life was carefree, no money worries, or worries about the passage of time. She describes letting go of the cradle (youth) and acceptance of what is to come, which is freeing. She makes an invitation to share the rest of her remaining life with a lover if they will accept her and the fact that she is fading. It makes me wonder if the song was written after her cancer diagnosis.
My projection of the meaning of this song is that she tells us in the first paragraph what is going on. She's contemplating her demise, the passage of time, as she lets go and accepts what she cannot stop. "My Lady" is herself. Then she reminisces when life was carefree, no money worries, or worries about the passage of time. She describes letting go of the cradle (youth) and acceptance of what is to come, which is freeing. She makes an invitation to share the rest of her remaining life with a lover if they will accept her and the fact that she is fading. It makes me wonder if the song was written after her cancer diagnosis.