Review of Reconfigurement
- Yulia Lapina
- Posts: 4
- Joined: 09 Mar 2023, 03:34
- Currently Reading:
- Bookshelf Size: 2
- Reviewer Page: onlinebookclub.org/reviews/by-yulia-lapina.html
- Latest Review: Reconfigurement by E. Alan Fleischauer
Review of Reconfigurement
This book talks about “reconfiguring” your life, which means radically changing your life while heavily focusing on the aspect of financial planning. This process can be done at any point in life, but the author focuses specifically on reconfigurement and planning ahead in light of a (more or less quickly) approaching retirement. In 13 chapters, Alan Fleischauer takes us through all the aspects someone should consider, in their financial planning, when thinking of retirement; career aptitude tests, lifestyle, insurances, social security, wills, and many more.
I am far from retirement age, but picked up this book anyways as it promised to be helpful to anyone interested in changing their life, financial planning, and thinking ahead. And, after finishing the book, I can 100% confirm this was the case in my experience. I learned many things about career transitions and budgeting, as well as some things about myself too. The book was easy to read despite the heavy topic, and was full of “dad jokes” which helped lighten the atmosphere. I also really appreciated the resources shared throughout the book, such as online quizzes, useful websites, and other book titles to dive deeper into some topics. The only thing I feel like criticizing in this book is its US-centrism - it’s clear that it was written by an American author and is tailored to American readers; chapters dedicated to services offered in the US will obviously not apply to readers in other countries. While this is fair, I would have appreciated learning this immediately and not a few chapters in. The approach and the ideas behind Reconfigurement, however, still very much apply to everyone and everywhere.
To put this in numbers, I rate this book 4 out of 5 stars - it was a good, solid, and well-edited introduction to the topic of financial planning for retirement. I would love to see a subsequent edition of the same book with an eye out for those who don’t live in the US and are only at the beginning of their financial planning and budgeting journey; should a 30-something individual already think about retirement? Why, or why not? And if so, what exactly should they think about and already start doing while younger? That edition would get a full 5 stars from me!
I would recommend this book, as the author himself does, to American readers in their 50s or 60s who are approaching retirement and actively thinking about how it will look like. However, I would recommend it to younger readers or readers outside of the US as well - even if not everything in the book is relevant for them, there is still a great amount of useful information, knowledge, and resources to note down for the future, and sometimes for the present, too.
******
Reconfigurement
View: on Bookshelves | on Amazon