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Enjoy a change of pace. You can always come back to PA - here or elsewhere - no need to worry.
How is the private world like?
It changes from company to company, but at my last job I worked like 10 hours a week during non close and probably 30 around close. I've also been in other roles where I work 30-40 hours a week, but in my experience, time spent actually working and not lost chatting, or doing personal stuff is less than 30 hours 95% of the time. This is from accountant and senior accountant roles, I hear managers complaining more but I also see they lose a ton of time, so it's probably not that much worse.
Mentor
Yes this is very true in many places. The real sweet spots are when you make good or crazy money in private and also don’t do much work (200 or 500k)
Loving my switch to private. You'll be able to breath for the first time in a while.