Am I in the minority here for being a contract developer who is happy to be in this place?
* I make over 40% more than I did when I was full-time, and I was already in the top band for pay in my title. This far exceeds the 15% markup for self-employment tax.
* My wife works full time so she has our back for health insurance
* I can save way more for retirement with an SEP IRA than I ever could with a company-sponsored 401k...it's $55k/yr for 2018 (assuming you contribute 25% of earnings or make $220k/yr)
I can understand that the Gig Economy is certainly not benefiting everyone (e.g. Uber drivers, Postmates runners), but I mean boutique consulting firms have existed for a while and many of them achieve many millions in revenue even with only a few partners. Am I missing something or delusional in my thinking?
* I make over 40% more than I did when I was full-time, and I was already in the top band for pay in my title. This far exceeds the 15% markup for self-employment tax.
* My wife works full time so she has our back for health insurance
* I can save way more for retirement with an SEP IRA than I ever could with a company-sponsored 401k...it's $55k/yr for 2018 (assuming you contribute 25% of earnings or make $220k/yr)
I can understand that the Gig Economy is certainly not benefiting everyone (e.g. Uber drivers, Postmates runners), but I mean boutique consulting firms have existed for a while and many of them achieve many millions in revenue even with only a few partners. Am I missing something or delusional in my thinking?