Reply to Fed CPA considering a job in the private sector...How much money is worth giving up the stability?

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Reply to "Fed CPA considering a job in the private sector...How much money is worth giving up the stability?"

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[quote=Anonymous]If your wife is a teacher, I would totally do it. She can be the primary parents, handle all the pickups and drop offs and summers, and you can double down on ramping up your career.

I wish I had done that, but I stayed in my stable flexible position because it DW is an attorney with a demanding job, and I needed a job I could be one the calling in for kids doctors appointments without risking being laid off.

That said, private is less stable, though currently CPA is in huge demand. AI is a risk but right now thinking is it won’t decrease demand https://www.forbes.com/sites/kateduchene/2024/08/02/the-cpa-shortage-isnt-going-away-but-ai-and-automation-can-help/

So it comes down to safety net. Can either of your parents help out if you get laid off? Can you live with them nearby so DW keeps her job but you reduce housing expense? Do you have any large cash savings?  Going private means you must plan for layoffs and company failure, though again as a CPA you are in good position [/quote]

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