Playing with FIRE: How to Retire Early

This week on Beyond Money, Cliona O’Donoghue and David Looney delve into the FIRE movement—Financial Independence, Retire Early—and what it means for your financial future. Inspired by a recent RTE feature, we unpack how savers are aiming to retire in their 30s or 40s through aggressive saving and smart investing. Cliona and David key discuss strategies including saving 50–70% (or more) of your income, eliminating debt and living frugally to supercharge savings.Cliona and David explore the mindset required to pursue FIRE, how to safely structure withdrawal rates, and the potential downsides—like the high demands on lifestyle and discarding flexibility. Whether you’re intrigued or sceptical, this episode offers clear-eyed insights into this radical approach to wealth and retirement.Tune in now on Spotify and all major streaming platforms