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?
This is a topic I've thought about and just searched to see if anyone had posted on it. I've also written a moderately in-depth article on it here: https://medium.com/@aaronhamlin/practical-philanthropic-giving-using-effective-altruism-cd9636a6b014
My personal background is that I run two nonprofits and am a licensed attorney. I think about charitable giving a lot. I also put money into retirement while balancing giving.
P.S. That you think about donor advised funds is a good sign! Those are so awesome that I dedicated an entire article to them: https://medium.com/@aaronhamlin/10-reasons-2-donor-advised-funds-are-awesome-giving-tools-7b9f2f743570