I am 32 and switched to Product Ownership last year, after 15 years of design and front end development. It was, to some extent, nearly seamless since I knew the product and processes inside out after being a team leader in the same product. I guarantee you will face some unknown challenges along the way, but they will also make you a better developer if you ever plan to switch back (greater business and process knowledge is often what a developer needs to really shine, alongside the obvious tech skills).

Age brings wisdom and balance, which are mandatory in a management position if you want to lead, not merely boss people around.

So go for it!