Review of Reconfigurement
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Review of Reconfigurement
Reconfigurement by E. Alan Fleischauer emphasises the value of early planning, finding a job you enjoy, and having a great time before retiring. It majorly talks about the importance of preparing and having plans for life after retirement. The author thinks that the conventional view of retirement needs to be reconsidered in his field, the American financial service industry. Pre- and post-retirement practices need to be actively implemented into retirement strategies. The book discusses job aptitude testing, investments, life insurance, and health insurance. In addition, it includes chapters on social security tactics, 401(k) or IRA options, long-term care choices, and retirement planning, as well as a section addressing numerous social security misconceptions.
E. Alan Fleischauer raises several excellent topics directed primarily toward working people. The seriousness of the matter is dissolved with humour as he uses anecdotes and humour to make the subject more approachable. For instance, the pun, “The number one problem in our country is apathy.... but who cares?” adds lightness to the subject. Several aspects of life are taken up as examples to convey the author’s message. One of the most exciting approaches was talking about people going through a mid-life crisis. Also, we are shown that the word ‘crisis’ can have different meanings, not necessarily meaning any form of risk or danger. The author says, “Crisis is viewed differently in different cultures. In China, the symbol of crisis is made up of two characters. One character stands for danger or pain while the other stands for opportunity.” He also explains that one ought to make the best of any situation. Also, to bridge the gap between realities and traditions and add what he sees as the final piece of the dilemma for retirement—he developed the idea of Reconfigurement, which is remarkable.
Irrespective of all the above positive points, the part where the book somewhat lacks is in the formatting. Formatting could have been done better; there are a few spelling and punctuation errors.
Regardless, formatting can be considered a minor flaw. I would give the book a rating of 4 out of 4 stars. The book is very informative and sheds light on essential areas in a thought-provoking manner.
I recommend Reconfigurement by E. Alan Fleischauer to people close to retirement age. In addition, this book can help manage finances and budgeting; thus, I would suggest the book to anyone who wants to strengthen their finances in the hopes of a more comfortable retirement.
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Reconfigurement
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