<prompt> Human: Im a 29 year old male in the midwest. Starting at the end of 2013 and continuing for the next few years I have a decent possibility of bringing in about 20,000 a month in royalties if the sale of my software product goes through. I live very well below my means. My monthly expenses are just under 2,500. My goal is to retire early and not have to work a day job. Id like to spend my early retirement teaching, volunteering, and just in general making the world a better place.How can I ensure that I can keep as much as my income as possible so I can achieve this lifelong dream in the quickest way? I only need about 30k a year to cover my house, utilities, food, etc.Would it be possible to have the money paid to a trust or holding company of some sort that pays me a small salary each year thats not taxed like crazy?I came from a poor family so, other than saving, I dont know all the options available to me when it comes to money and taxes. Basically, what would a 2nd generation wealthy person do in my situation?  <response>: In your situation, no brainer, Id find a CPA specializing in business transactions like this in your area ASAP and present the details to him. A solo 401k in whatever structure is going to receive the royalties, so you can defer some of the taxes is one idea, but dont try to figure this one out yourself. 