@Yogi DMT,
I believe happiness is a very individualistic term also. However, I think most people will agree that in order to reach some sort of permanent "happy" or "satisfied" state of mind, one must feel like he has accomplished what he had set himself to. Once you feel like you have reached the goal you set yourself back when you were just a dreamer, I believe you can consider your life as "successful" and comes with that a certain form of accomplishment which leads to lasting "happiness". Everyone's goals can be different, and everyone's meaning of self accomplishment can also be. I think from the moment you feel proud about what you've given to the world and the things you have done, you will feel a constant state of happiness.
The problem is too many people don't reach that point in their lives where they can really be happy about what they've done or they don't realize the magnitude of what they've accomplished and therefore never feel this everlasting peace of mind.
Can anyone see where I'm getting?