Lyric discussion by rooibos76 

Cover art for Valentine's Day lyrics by Bruce Springsteen

I have to disagree with the two previous guesses. To me, it's obviously about a man who is discovering that he is ready to gracefully give up the trappings of bachelorhood - typical male stoicism, freedom to go where you please without being accountable to anyone, etc. - for the security and fulfillment of true love. He has had an epiphany about it (his friend had a kid, he got to thinking, realized how deeply he feels about his girlfriend, and ends up being "born anew"). By the way, the version of this song by the band Hem is so fantastic that I can't even put a value on it.

Thanks!