I personally find a certain about of exercise (1-2 weight-lifting sessions a week) worthwhile even without considering long-term effects. Short to medium- term benefits include improvement of mood, improvement of appearance, and elimination of back pain.
The question is - am I doing enough exercise?
I intend to provide a worked example for you to work alongside with your own calculations and decide if you should increase or decrease your exercise.
The benefits of physical activity are various and this calculation can be done for one or all of them; some of them include: