As much as I encourage anyone pursuing financial independence to include charitable giving in their plan, the truth is that you don’t have to shell out big bucks to do good in the world. There are quite a few great ways to make a difference that cost you nothing or very little, especially if you have time on your hands.
Just as we have a mission in early retirement to figure out what we want to do when we grow up, and to adventure more, we also have a mission to be more charitable, both by volunteering and by giving money directly to important causes. Which may seem harder when we have less cash flow coming in. But there are some good ways to build charitable giving into your retirement financial plan, including with a donor advised fund. What’s your charitable mission?