L/P assumptions are amusing

I'm up for some amusement, so I'm going to subscribe and watch the feathers fly.

 

You are the only one trying to prove something.

 

It's interesting that people seem surprised by anyone making around $110k a year, but when they work for a company they seem ticked off to make under $80k a year as a driver, leaving the trucks owner a little meat left on the bone to chew on.

 

You are correct.

 

Not that you need any advice from me, but set a salary and pay yourself through the S Corp the same amount every month, if you can hold out for a month at a time.

Make it a reasonable salary, live within your means and let your checking account build, month after month.

When you get to the end of the year you will be surprised how much is there. You can then decide with your accountant/tax advisor what to do with the residual that benefits you tax wise and sets you up in a positive way going into the new year.

There isn't a better feeling than being able to go into the new year having paid forward on certain liabilities, it provides such a sense of relief knowing that you may (and believe me you will) encounter some rough waters along the way.

If you haven't done so, set up a SEP IRA, or equivalent. Health insurance as well.

 

Well, I guess you really didn't need any advice from me after all

Keep it up...