I would agree that if you are happy where you are and you are trying to maintain a work/life balance, then you shouldn't feel like you have to move up. We need great employees at all levels of an organization, and there's a definite value in having people who know exactly what needs to be done and can get it done quickly because they have performed those tasks for many years.
But there are two "food for thought" comments I will add--not saying you should do either, but it's always good to at least consider some options, particularly around performance appraisal time, so you will have something to discuss with your manager. One is that it's a good idea to demonstrate that while you are happy in this current role, you are also upgrading skills to stay current with technology or to meet changing needs. This could be learning new software or even taking some "soft skills" courses that could add value to your company in your current job. Companies do like to see that you have some ideas about how to build on what you already know, even if you want to stay in the same role.
The other is to ask yourself if your work/life balance needs will change as your life situation changes. What I mean is, you may have kids now and need to be able to take them to their activities, etc., so working long hours or on a rigid schedule may not be appealing because of that. But what about when they are no longer at home? Would you want new challenges at work, or would you pursue outside hobbies/activities in that time that used to be taken up by active parenting? What if there were a change in your marital/partner status? If you think that possible life situations may change your job plans (perhaps you would want a new challenge or have to have more salary should a spouse/partner no longer be there), then it could be good to have a career plan for "just in case". That was my own life actually, I had a pretty flexible and not so demanding position when my daughter was younger so that I could be an involved parent at school, her extracurricular activities, etc. But when she graduated high school and went to college, I knew I would want more, and I would have a lot more time to devote to work and personal development. So a few years before she graduated, I started doing volunteer work and taking some extra assignments/courses as time allowed. That helped me to transition into management fairly easily when the time came. Just some things to consider......have a great day!
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