Suddenly inherited 2.5 million. Should I still go big 4?

Suddenly Inherited $2.5 Million. Big 4 or Chill Job?

The title says it all. I’m a 21-year-old college senior with a big 4 internship in the works. My plan was to pursue a Masters, become a CPA, and work in public Accounting. However, I recently inherited a significant sum of money – 2.5 million USD to be exact, all invested in Index Funds. Now, I’m considering taking a more relaxed job in government or something similar instead of going big 4.

I’m torn between sacrificing the best years of my life in public Accounting when I don’t really have to. This is a personal decision, and I feel lost without anyone to talk to about it in real life. I’m not sure if this is the right place to post, but I’m curious to hear what others would do in my situation. Any advice is greatly appreciated.

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  1. Considering Your Options with a Big Inheritance

    First of all, congratulations on inheriting such a significant sum of money! It’s essential to consider all your options carefully before making a decision on your career path. Here are some points to consider:

    Advantages of Going Big 4:

    1. Professional Development: Working at a Big 4 firm can provide you with valuable experience and knowledge that can benefit your career in the long run.
    2. Networking Opportunities: Big 4 firms offer excellent networking opportunities that could open doors for future opportunities.
    3. Career Growth: Starting your career at a Big 4 firm can accelerate your career growth and open up opportunities for leadership roles in the future.
    4. Skill Development: Public Accounting firms offer a wide range of experiences that can help you develop various skills that are valuable in any career path.

    Considerations for Taking a Chill Job:

    1. Work-life Balance: Working in government or a less demanding job may offer better work-life balance, allowing you to enjoy your newfound wealth and time outside of work.
    2. Job Satisfaction: Choosing a job that aligns with your personal values and interests can lead to greater job satisfaction.
    3. Long-Term Goals: Consider your long-term career goals and whether working at a Big 4 firm aligns with those goals.
    4. Financial Security: With a substantial inheritance, you may have more financial security and flexibility to explore different career paths.

    Personal Reflection:

    It’s essential to take some time to reflect on what truly makes you happy and fulfilled in your career. Consider what your priorities are, both personally and professionally, and how each career path aligns with those priorities.

    Ultimately, the decision is yours to make, and there is no right or wrong answer. It’s essential to weigh the pros and cons of each option and choose the path that feels right for you at this point in your life. Remember that your career path can evolve over time, and you can always make changes in the future if needed.

    Best of luck with your decision, and congratulations again on your inheritance!

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