Too Late

I'm reading Hebrews right now, in Russian, of course. 

Much of the book so far is so beautiful, aweful and humbling in its depiction of God's sovereignty, and then I come upon a verse like 4:1, which, paraphrased and translated into English, warns against being too late to enter into the peace of the Lord. 

The ESV says "failed to reach it," which, in my mind, conveys distance (as we are separated from the Lord while in our sins) rather than time, as in in the Russian version. The KJV, too, gives a translation similar to ESV.

It's no wonder I have been confused about salvation for much of my life, when the Russian Bible puts time pressure on you, and the Arminianists with whom I grew up applied that pressure even further.

But how can a sheep of God's fold be too late to enter into His peace, when God has chosen him from eternity past, when Christ has died "to make certain the salvation of all that the Father had given to Him" (AW Pink)?