I am retired, and some would say “elderly.”
I have a nice headphone set up for times when I need the isolation they provide.
If I had to sell my speaker based system due to downsizing or other issues, I could be happy with my headphone setup. But I would not choose it over the speaker based system if there weren’t motivating circumstances.
FWIW, the headphone set up is Pair of Sennheiser HD800S, running into the matching HDV820 amp, fed by the RCA output from a Marantz Ruby SA-KI. I stream to the Ruby’s DAC from a Marantz ND8006. The Ruby has a built in headphone amp, but the impedance match of the Sennheiser to Sennheiser set up gives tighter bass.