Help! My Parents Just Told Me I Have A Trust Fund
Alright, so I just started my analyst gig at a top bank (M&A) in NYC. I went to a (clearly) non-target uni and worked my butt off, and I am proud of what I've achieved. I especially value my independence: I worked my way through school, chose my non-target for the scholarship money, never once asked my parents for cash, etc.
Now today, my parents told me they have several million dollars in a trust with my name on it, to be disbursed in my 30s/early 40s. I knew they were financially secure, but not at all like this. They said they wanted me to learn "the value of a dollar" and "not descend into being a lazy, entitled kid," per our convo today, hence my lifelong ignorance of this and the middle class childhood lifestyle I had.
I don't want to gloss over that I'm thankful; I definitely am (and profusely told them). My dilemma is that on one hand, I want to continue being independent and just ignore the money completely. On the other hand, I am aware of personal finance and it would be stupid not to include this money in my calculus for retirement, kids, education, etc.
How should I respond to this (with respect to financial decisions)? It kills me to forfeit my independence, or even to admit it is gilded independence from now forward. I've always sneered at trust fund kids, but now I AM one! In sum, this is giving me an identity crisis. What do I do??