Which is older the earth or the universe and by how much?

The Universe is believed to be about 14 billion years old, whilst our Solar system is only about 4.5 billion years old. Our Solar system is sometimes called a '3rd generation system' as it results from several episodes of stellar accretion and destruction, each one generating more sophisticated elements. [But our Sun, being small, can only generate elements up to iron, because the Sun's size and temperature allow no further nucleosynthesis, (as it is called).]