I am not sure the day I removed Facebook but I deleted it at one point about a year ago and have not regretted it. I am still active on Twitter, mostly professionally, and I download Instagram ocassionally to see what I missed but I have a lot less social media in my life. I found I felt further from my friends at first but long term I think it was healthier.
When catching up with family and friends the conversations are a lot more interesting and lively. It also means having more conversations. To figure out how people have been doing I have to have a conversation and not just like a photo once a month. Social media let me feel connected without having a relationship with the person on the other end.
Do I miss out on some opportunities and connections, absolutely, but I have strengthened the existing ones more. And I'm still a text, email and phone call away. Not far in these modern times.