Just wanted to throw up my previous exploration of a similar topic. (I think I had a fairly different motivation than you – namely I want young EAs to mostly focus on financial runway so they can do risky career moves once they’re better oriented).
tl;dr – I think the actual Default Action for young EAs should not be giving 10%, but giving 1% (for self-signalling), and saving 10%.
Though there’s a bit of a tradeoff where putting the money into a DAF/trust might alleviate some of the negative effects Ben mentioned but also loses out on a lot of the benefits Raemon is going for.
Just wanted to throw up my previous exploration of a similar topic. (I think I had a fairly different motivation than you – namely I want young EAs to mostly focus on financial runway so they can do risky career moves once they’re better oriented).
tl;dr – I think the actual Default Action for young EAs should not be giving 10%, but giving 1% (for self-signalling), and saving 10%.
It’s a good point there could also be good cultural effects from encouraging people to save more as well as the negatives I mention.
Though there’s a bit of a tradeoff where putting the money into a DAF/trust might alleviate some of the negative effects Ben mentioned but also loses out on a lot of the benefits Raemon is going for.