I'm struggling to decide whether or not this is sarcasm, because...
>Not so fast there buddy.
... I feel the urge to tell you the same.
>The reason for climbing corporate ladders is to enrich your own life and give you more wealth, which can make your life far more comfortable and gain you respect and recognition amongst peers when it is most valuable: while you are alive.
It sounds like "respect and recognition amongst peers" is more important to you (which is fine btw, no judgement) than it is to OP, but most of your post seems to suggest that that's where OP should be placing their importance. In point of fact, it sounds like they have already determined what is important to them, have worked to achieve it and are happy with where they're at.
>If you are not careful, you could just end up as a wage slave contributing to the rise of someone else’s awesome life.
... so? I don't mean to speak for OP with the comment I'm about to make, but for me, I don't care. As long as I can pay my bills, and then have enough money for my creative and extracurricular endeavors, then I'm perfectly happy. I don't care if that means that my position somewhere on the career ladder means that someone else is having a more "awesome" life than me somewhere else, because they're truly not. Their life is theirs, mine is mine, and I'm happy with mine. Hell, I'd even call mine "awesome".
>And then you can experience the pain of being forgotten when it hurts the most: while you are still alive. You won’t have to wait till the heat death of the universe to finally be forgotten, people can just stop giving a shit about you right now. Keep climbing.
But see for me (and maybe OP? who knows?), I don't care about being recognized by my professional peers. I care about my family, my friends, and the people involved in my creative (non-work) pursuits. And those are people who I know will never give a shit where I've climbed on a corporate ladder.