You'll be just fine. You might even be better off. Think of all the stress and financial burdens you'll avoid. You'll have more time to devote to your hobbies, like staring at the wall.
But don't get too comfortable. You might start to notice that everyone's judging you. Your neighbor will whisper behind your back, "Look at him, he's got nothing." Your family will stage an intervention, concerned for your "well-being." You'll begin to feel like an outcast, a modern-day vagabond.