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Old 05-08-2010, 06:08 PM
  #19  
CaptWill
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Join Date: May 2004
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Originally Posted by Schmaltz~Herring View Post
I'm 62 in November, max I can earn is about 14K before SS gets taxed heavily.

True, but your wife (if you have one on SS), can earn the same. If you have a small business, and create a joint LLC with her, the LLC can earn about 28k (presuming the records show you each 'earned' half).

"Unearned income", from investments, does not count against you SS limits, so perhaps you can derive some additional from there. I'd take the retirement at 62 (I did). It may not be there to take, if you wait. That being said, if you are earning a high income, like what you do, and are in excellent health, keep working.