NancyLebovitz comments on Open thread, 7-14 July 2014 - Less Wrong Discussion
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It doesn't seem that unusual for rich people to become more charitable as they get older, though perhaps I'm just hearing about the famous ones. I assume a large part of it is feeling as though one has solved the money-making game, and now it's time to do something new. (Rich people getting into politics is probably similar.)
Is anything known about how to maintain fluid intelligence?
A Google search turned up a few articles:
A quick look into some trends:
This report suggests a non-monotonic relationship but maybe a positive correlation between income and percentage of income donated to charity. Unfortunately, this depressingly suggests a negative correlation. (Edit It seems non-monotonic over some intervals but negative overall. Further edit I don't have high confidence either way. Alexander Berger, a research analyst at GiveWell, thinks the piece in The Atlantic is just wrong. I note that some studies are citing "discretionary income" or income with a whole bunch of expenses subtracted out.)
This doesn't seem to list percentages but gives the impression of increasing giving with age. And it's the same story in the UK. Edit This is better: