well, looking back at life and smiling about is good, but living and enjoying the moment at its fullest is even better. Life is not even a risk, it's the warranty to die one day. Doing nothing is sometimes necessary in order to get inspired to do something - and doing and enjoying nothing consciously can be very fulfilling.
In my opinion: I don't see it as two lives. It's more like waking up and start with things you were afraid of.