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Book Your 1:1 Consultation & Financial Plan https://linktr.ee/askaboutwealth Get Unbiased Expert Property Guidance https://www.askaboutproperty.ie/ In this episode of Ask About Wealth, Paul tackles one of the most misunderstood yet life-changing ideas in finance: the FIRE movement, Financial Independence, Retire Early. With just 3% of Irish people believing they can retire by 55, Paul explores why the majority are stuck in the rat race and how you can break free. Learn how to calculate your financial freedom number, avoid the traps set by biased financial advice, and understand the real impact of tax and fees on your wealth. This episode offers a clear, actionable roadmap to becoming financially free, even if you’re starting late. Key Takeaways: The 5 essential questions you must answer to calculate your “freedom number” How tax and fees silently erode your wealth, and how to stop it Why investing through a pension can double your return vs. doing it personally How starting early (like Alex) can shave 10+ years off your working life Why most financial advice is biased, and what impartial advice really looks like 00:00 The Retirement Reality in Ireland 01:59 Understanding Financial Independence and FIRE 02:52 Calculating Your Financial Freedom Number 03:44 Case Studies: Frank and Alex 05:16 Investment Strategies for Financial Freedom 06:32 The Importance of Tax Efficiency 09:19 Managing Fees and Charges 13:44 The Path to Financial Freedom 16:37 Final Thoughts and Call to Action You can use the Financial Freedom calculator in the video here: https://askaboutwealth.ie/tools/finan... Join The Masterclass: https://askaboutwealth.ie/MasteringYo... Ask About Wealth helps Ireland’s high earners preserve and grow wealth: https://linktr.ee/askaboutwealth