Shakespeare divided life into "seven ages". In Hinduism, human life is believed to comprise four stages. These are called "ashramas" and every man should ideally go through each of these stages:
The First Ashrama - "Brahmacharya" or the Student Stage
The Second Ashrama - "Grihastha" or the Householder Stage
The Third Ashrama - "Vanaprastha" or the Hermit Stage
The Fourth Ashrama - "Sannyasa" or the Wandering Ascetic Stage