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This as-told-to essay is based on a conversation with Carrie Kerpen, cofounder and CEO of Whisper Group. It has been edited for length and clarity. My parents wanted me to do something I loved that would bring me joy. But they also emphasized that I should find a secure, steady career. My dad opened a private law practice for a very brief time before leaving to become a law clerk and later a judge. He wanted the security and pension that came with a government job, and he was willing to sacrifice a lot of potential income for that predictability. My mom, a social worker, also had an extremely steady job. They took a similar approach to money and investing. When the stock market crashed in the 1980s, I heard the story on the news and asked my parents if we were OK. I remember my dad saying I shouldn't worry — my parents didn't invest in that, so we were safe. I only took risks when I felt I had toMy family had a very low-risk, simple life. My parents were content with that. At first I was, too. I was only comfortable taking risks once not taking them seemed intolerable. I got married for the first time at 24, and it quickly became clear the marriage wasn't going to work.

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