Hello, EA Forum! Here is an open thread.
I will kick it off by asking what thoughts people have on saving for retirement while donating more than a set 10% of income.
I am likely to have a relatively high paying job within a few months and don't plan on spending most of that income. I plan to divide the rest between retirement savings and donations to x-risk charities, but I don't have a coherent framework for balancing the creation of passive income with helping preserve the world.
Ideas on utilizing less-taxed retirement accounts would be appreciated as well. Are there any advantages over DAFs?
I am new to EA, but it seems that a true effective altruist would not be interested in retiring. When just a $1000 can avert decades of disability-adjusted life years (years of suffering), I do not think it is fair to sit back and relax (even in your 70's) when you could still be earning to give.
I don't plan to retire, but I've been thinking recently about a related topic: what to do in very advanced age, when my health and abilities have deteriorated such that I am unable to cover cost of living.
My current plan is to donate and gift my remaining assets and take a one-way trip on Mac's Morphine Express if I find that I've outlived my usefulness. But I'm not sure, and it's easier said than done.