@Roger R Hendrickson
Short Answer: 'NO'.
There is currently NO mechanism in the "Systems" (ie. "Family Tree" of 'FamilySearch') to make (ie. change the 'status of) the "Living" individuals/persons in ANY Users/Patrons 'FamilySearch' Account; as/to, "Deceased", after 110 Years (or, any time period, for that matter).
normally they would be made public much sooner - when they die (assuming the person who created them - would mark them as deceased)
. . .But what type of records are you referring to though? In the historical record section- there are numerous records that are available for research that do include people born within the past 110 years (an example is the 1940 census)
There is a chance you may even find your own name among historical records.