The present study examined aspects of identity development in a sample of adolescent boys from two approaches: individuation and narrative. To extend the more recent research on narrative identity development, we also examined relations between narrative identity, well-being, and age. Narrative meaning making was predicted by themes of individuation in the narratives, specifically the interaction of autonomy and connectedness. Well-being was predicted by different aspects of meaning depending on the kind of meaning and the stage of adolescence. Finally, results showed an age-related increase in meaning-making processes, particularly meaning related to perceiving the self as changing. Results are discussed in terms of the processes of narrative identity development for adolescent boys.