This is a good question
Well, one of my best friends has been creating games (as a fulltime dev) for mobile devices and he's living fine. However, he never sleeps well because his financial health is unstable.
Doing games is much dependent on game life cycle (which is short). At the beginning, money flood in, but that lasts for up to 6 months only. As the game gets beyond its peak, income quickly dwindles. To keep money flooding in, you have to carve out new ideas and make new games all the time. Problem is that it's not easy to come up with big ideas. Many games he made turned out to be failures.
If you invest in app, it's more promising. Maybe, a single good app will nourish you well for the rest of your life. My former boss at an app development company proves this. He made a free music app 2 years ago. Until now, his revenue from ad has accrued by tens of millions of dollars.
Final words, Yes or No is up to different people. But I think being creative and working hard will ensure success.
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