Written solely by Walsh, “Life’s Been Good” came together in pieces, which he detailed during a 2012 intimate acoustic concert held at the Troubadour in West Hollywood, California, as seen in the YouTube clip below.
Ranked at No. 54 in Rolling Stone’s 2011 list of “100 Greatest Guitarists of All Time,” naturally, Walsh’s solo-penned tune would include a few iconic guitar moments, such as the memorable opening that he said “had nothing to do with” some of the other major guitar riffs in “Life’s Been Good.”
Lyrically, “Life’s Been Good” is largely influenced by Walsh’s own life and serves as a tongue-in-cheek, satirical response to the over-the-top lifestyle of rock ‘n’ roll fame. He jokes about living in hotel rooms, despite owning a full-sized mansion and having a Maserati, but no licence to drive.
The final product of “Life’s Been Good,” which appears on the 1978 album, But Seriously Folks…, ended up running well over eight minutes, making the song too long for radio. Walsh edited a version for radio with a 4:35 run-time, which went on to become a Top 20 hit, peaking at No. 12 on the Billboard Hot 100.
Related: 1974 Soft Rock Classic With an Iconic Harmonica Solo Became a Breakthrough Anthem, Despite Never Reaching No. 1
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