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Old 01-29-2006, 11:37 AM
mhdoc mhdoc is offline
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Join Date: Feb 2006
Posts: 13
Adsense, retirement & Social Security

I will be 62 in a couple of years and will have the option of retiring. If things continue like they have, adsense income is going to be a much larger part of my retirement income than I would have ever imagined.

Right now I just take the income as a sole prop. However, I have the feeling that will count as income and reduce my social security payment.

I will obviously talk this over with an accountant but I like to collect ideas before I do that. I have found I have much better luck with accountants/laywers if I tell them what I want to do than if I ask them what I should do.

My guess would be that I will need to set up an LLC or Corp. and structure things so the income is passive rather than active.

Has anyone here explored this subject, or am I the oldest and get to go first

mhdoc
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Old 03-09-2006, 10:30 PM
Eminem Eminem is offline
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Join Date: Mar 2006
Posts: 49
I suggest not to depend upon Adsense for your payments as there have been many issues in which adsense has terminated several accounts and haven't given a proper/appropriate reason.

Your accountant will ofcourse be able to give you a better idea of what you should do.

However, those were my thoughts

Hope it helped
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