IMO, it all depends on the person and what advice is needed.
I would suspect that there’s a positive correlation. I imagine that the correlation is not close to 100%. I am sure that this thread will feature are plenty of anecdotes about young people who are wise beyond their years, and older people whose advice should not be trusted under any circumstances.
But, hey, this is IMHO, not GQ or GD, so have at it. 
Define life experience.
I mean I know several older people who literally don’t know much of anything. They actually became more ignorant and dogmatic with age, not wiser and more informed.
I have loads of life experience and my advice is always brilliant 
The problem is, people in general draw from their own experiences, and my experience as a young father with a working wife in 1982 doesn’t necessarily correlate to what you’re going through right now.
What my life experience has taught me is that my role as wise elder life coach is to ask pertinent questions to help you young whipppersnappers figure things out for yourselves. The fact that I’ve probably gone through something similar to what you’re going through helps me ask better questions.
I think maybe even if an older person doesn’t know the exact solution to a younger person’s problem they can still be helpful by offering a difference in perspective given their experiences in life.
In general I would say younger people tend to be a little more emotional and rash in their decisions, these are obviously generalizations I’m making.
A lot of times for example things that happened to me or that I was going through seemed like the end of the world, but my Father would be able to tell me about similar things he experienced and that would call me down and evaluate my possible choices in a more rational and calm manner, his advice a lot of times was particularly good sometimes about how to deal with certain types of people or personalities.
I once had a co-worker who was an idiot. But he kept insisted I should give him more respect because he had a lot of experience. I told him that experience only counts if you learn something from it.
That said, experience is better than a lack of experience - all other things being equal. A competent young person knows more than an old idiot. But an old idiot knows more than a young idiot.
Last year, I had an older roommate who was 24-25. He was already engaged at the time before he graduated college.
Even though he was older than most of us, he was the main guy to talk to if someone had a problem on our floor.
I guess you can say that age, along with various life experiences, go hand in hand.
Since I’m in both correlated categories, I go with Yes.
My college roommate was 28 on a GI bill, and it was certainly true then.
I think age and wisdom have a pretty weak correlation. People often draw strange conclusions from their experiences. A young and inexperienced person looking for a way to evaluate the advice they’re given should ask questions about how the person came to those ideas and do their own gut check. It’s also worthwhile to look around for consensus, especially on very strongly-worded, absolute principles. The truth isn’t always somewhere in the middle, but when it isn’t, you’ll find a lot of people agreeing on where it is.
All I know is that the more experience I get the less advice I tend to give.
I’m not answering the question, but offer this to the discussion. A colleague of mine was regarded by most of us as both inadequately trained and incompetent. He seemed to be blissfully unaware of his incompetence.
One time in a group conversation he proudly mentioned his “20 years of experience.”
Afterward, in a private conversation another colleague observed “Yes, he has 20 years of experience, but it was the same year 20 times.”
I attended radio school at about age 20. One student was a real old fart, must have been at least 35. He told how his father evaluated him. “Dad just looks at me, shakes his head, and says, ‘The older he gets, the dumber he gets.’” I grok it.
I think Heinlein said something like, “It’s amazing how much mature wisdom resembles being too tired to mess with stuff.” I grok that, too.
I think that what most people learn from their life experiences is that the events have only served to confirm exactly what they have believed all along, whatever that may be.
Generally they can fashion apparently truthful, but essentially self serving, accounts that serve to explain how they drew their conclusions. Sometimes they are right. More experiences results mostly in more stories.
This
In my personal experience, two forces are driving this. First. I’m not you. Trying to shoehorn my life and priorities into your world is somewhere between futile and insulting. Second, part of gaining wisdom is accepting how much more there is for you to learn.
I will not deny that there’s a bit of “Life sucks, get a fuckin’ helmet!” seasoning the stew as well.
Does “offer” mean being given advice rather than asking for it, or both?