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What are your opinions about potential big4 layoffs in m&a tax? Campus hiring starting next year so I don’t have a good idea of what people are thinking at the firm. I know m&a is typically not where you want to be in a recession so I’m curious about job security starting next year. Any insights/opinions would be appreciated. EY PwC Deloitte KPMG
Anyone else feel completely pigeon-holed?
Mentor
If you’re going to pick whole life regardless then pick northwestern. But I agree with others and buy term and invest the difference. I have a whole life policy too and it’s been forced savings, but if I had the discipline to buy term and invest the difference then I would have more money.
If the terms are all the same, go with the cheapest
Second that…do NOT buy whole life. You are throwing away money. Life insurance is not an “investment” in the way some tik tokers suggest. It’s purely to help the people who rely on you and nothing else. Take the difference you save from getting term and invest in the sock market
Coach
Serious question- if you plan on having a legacy of +5m-10m , what’s wrong with also having whole life insurance if you plan on exclusively using it as a legacy planning tool
Mentor
Pwc1 - do you think you could grow a brokerage account or a real estate portfolio with the annual premiums you pay in whole life insurance to $5MM-$10MM?