Going to get a mid 7 figure windfalll in 5 years (I’m extremely grateful and extremely undeserving). Hate my job currently but not sure if this new development should change how I approach my career. Thoughts?

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It should 100% change your approach. You now can do whatever you want work-wise. No reason to spend 5 more minutes in a job you hate :)

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I would continue working hard in the career until every $ hits your bank account. Then take it easy and do whatever you want to do

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Well, if you hate your job, definitely change things up. But I would make this recommendation regardless of the windfall.

However, what’s more important is that you get a financial planner and figure out how you’re going to maintain and grow this wealth, and how this would support your overall financial goals. When you figure out that piece, you’ll get a better idea of what kind of salary you should be looking for as you figure out your career pivot.

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I wouldn't make career decisions based on that money until it's in your bank account.

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Find a new job where you are truly happy (or can coast) and then milk it

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This is the answer. Do something that makes you happy with people who make you happy.

Use the rest of the time to pursue hobbies and spend time with your family.

Once you get the money, still live within your means and invest it to watch it compound as a safety cushion for the next generation.

You should be able to find something at least 200-300k as an exit. Just chill with your 9-6. Your children will also need to see you doing something as a role model.

Mid 7 figures sounds like a huge amount now, your an Associate so i am going to guess in your early 20s. Fast forward your life 15 years, you got a financial planner and have been responsible with a 5% draw on the money, so your taking out 250k, but inflation hit and 250 isnt what it used to be.

You have a wife and 2 kids wanting to go to private school. That can be a $1.5m commitment today, in 15 years thats at least $2m/kid.

Your friends who pushed on their career are now mid level execs, pulling down over $1m/year.

So my 2c, get a financial planner, have that money as a cushion so you have financial stability, but find a job/career you enjoy and double down and work just as hard as before.

Your own knowledge, time and work is the most valuable thing there is.

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If it were me, I would probably keep grinding until the check cleared. It would beyond suck to take actions today that lower your ceiling / potential only to find out your windfall never came.

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What is considered mid seven figures?

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3-7M is my guess

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Others have said it but once it hits your bank account, go find something you like doing. Live off the interest and enjoy life.

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It should

At that point you have the means to stop grinding to be honest. In that position, I’d find something that is less intense but still allows me to live comfortably, knowing I have money to grow and retire on, probably earlier than I would have thought.

Look into coastfire, essentially you’d be working a job that you like and have enough money to be financially free.

How?!

I would just keep working here until it’s absolutely necessary to leave

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