No, Albus is older
They were about the same age. Grindelwald had just been expelled from Durmstrang for his dark magic activities. He came to visit his great aunt, Bathilda Bagshot, in Godric's Hollow as he was interested in the Deathly Hallows and Ignotus Peverell was buried there. Meanwhile, not quite 18 year old Albus Dumbledore, having just completed Hogwarts, came back to his home because his sister had accidently killed their mother. With his father gone, having died in Azkaban, it fell to him to care for the sister and his younger brother, Aberforth, who was running wild.