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DavidNash comments on Open Thread #36 - Effective Altruism Forum

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Comment author: DavidNash 15 March 2017 09:33:17AM 3 points [-]

I think there is a goldmine of advice and practical tips on this website.

http://www.mrmoneymustache.com/

But instead of aiming to retire at 30, you'll be able to donate more and still have a healthy retirement fund by not spending all your money, and investing sensibly. The site below is useful with step by step guides.

http://monevator.com/how-to-retirement-plan/

At the moment I give 10% and invest any other savings over that but I probably wont be going into a high paying job and have the benefit of free healthcare.

I may slightly disagree with Linch about retirement money. I think it gives people a lot of power in their careers and job choices if they are able to tell their manager what they actually think and if they aren't desperate to succeed in a job interview. Being financially independent can make it a lot easier to take ethical decisions and make a stand against a bad policy, without having to worry about losing your job.

That depends on how much you think you need to feel secure.

Comment author: ZachWeems 16 March 2017 02:58:50PM 1 point [-]

The 'Stache is great! He's actually how I heard about Effective Altruism.