Thought this blog and the surrounding community would be a useful resource for EA’s. I have already shared it with a few people.
I definitely agree with Raemon that having your own resources allows you greater flexibility but I would go one step further in the aim to amass enough money that I do not need paid work. This allows you complete flexibility with your time over your remaining lifespan and can, therefore, work on any project that seems valuable, or turn down a salary for jobs at EA orgs. I am aware that EA orgs are time sensitive in terms of donations. I think, the estimated preference for immediate donations instead of 1 year on was somewhere between 10-12%. Dependent on length of time to attain ‘early retirement’ (ER) this could mean there is a higher expected value on donations over savings leading to flexibility. I think overall taking the possibility of ER into consideration is important it frames any decisions you make in the present. You can spend money now to free up time but if you save that money It will help to free up all your time eventually.