Donegan Couple Reaches Early Retirement Goal at Age 40 and 35

AI Summary

Alan and Katie Donegan achieved early retirement at ages 40 and 35, respectively, after saving £1 million. They saved £40,000 over 10 years by solely consuming packed lunches. Their strategy is part of a growing movement called Fire (Financially Independent, Retire Early) which has nearly one million members on Reddit. In contrast, average retirement ages in the UK rose to 65.8 for men and 64.7 for women last year, highlighting the challenges many face in achieving such financial independence.