Review of Reconfigurement
Posted: 24 Oct 2022, 15:54
[Following is a volunteer review of "Reconfigurement" by E. Alan Fleischauer.]
Just as the name suggests, Reconfigurement by E. Alan Fleischauer is about the reconfiguration of our financial life to meet the necessities of retirement. According to the author, many Americans aren't going to have enough money to retire properly. The author says most people are going to run out of money sometime in their retirement, and this will come as a result of bad financial planning during their working lives. This book's objective is to simply educate the masses on how to navigate the world of money so more people can have a healthy, financially sound retirement life.
This is a very interesting book. It paints a very bleak image of what the future holds for most of us. If we aren't worried about getting underpaid in our youth, then things may be even worse when we reach our golden years.
I appreciated that this book gave me a couple of epiphanies. Firstly, it was great to understand that earnings, no matter how large or small, can be used wisely to plan for retirement. I think a lot of us put off plans for retirement because we are consumed by how little we earn. It's important to note that a lot of people are living from one salary to another, unable to save any money, drowning in the immediate responsibility of paying bills and buying food, and planning for retirement seems like the very last thing on their minds. But this book makes it clear that things can be done to make sure enough is being put away for the latter years of our lives.
Secondly, it was great to know that it's okay to continue to earn and get employed past our retirement age. When we think retirement, some of us may think of dreamy days spent on a boat, sailing, or flying to exotic locations to spend time with loved ones, but the author makes it clear that working past our retirement years is an ideal plan. In that way, we will be able to continue to save and put away money for when we can no longer physically perform duties.
There were many other tips on how to properly plan for retirement included in the book, which made it quite an essential read. I rate it 4 out of 4 stars. There were a few errors and such, but I believe that the book was edited by a professional, which helped with my rating.
Although the author recommends the book to people between the ages of forty and fifty, I would also recommend it to those in their thirties. I feel like that's the perfect age to think of retirement and saving money.
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Reconfigurement
View: on Bookshelves | on Amazon
Just as the name suggests, Reconfigurement by E. Alan Fleischauer is about the reconfiguration of our financial life to meet the necessities of retirement. According to the author, many Americans aren't going to have enough money to retire properly. The author says most people are going to run out of money sometime in their retirement, and this will come as a result of bad financial planning during their working lives. This book's objective is to simply educate the masses on how to navigate the world of money so more people can have a healthy, financially sound retirement life.
This is a very interesting book. It paints a very bleak image of what the future holds for most of us. If we aren't worried about getting underpaid in our youth, then things may be even worse when we reach our golden years.
I appreciated that this book gave me a couple of epiphanies. Firstly, it was great to understand that earnings, no matter how large or small, can be used wisely to plan for retirement. I think a lot of us put off plans for retirement because we are consumed by how little we earn. It's important to note that a lot of people are living from one salary to another, unable to save any money, drowning in the immediate responsibility of paying bills and buying food, and planning for retirement seems like the very last thing on their minds. But this book makes it clear that things can be done to make sure enough is being put away for the latter years of our lives.
Secondly, it was great to know that it's okay to continue to earn and get employed past our retirement age. When we think retirement, some of us may think of dreamy days spent on a boat, sailing, or flying to exotic locations to spend time with loved ones, but the author makes it clear that working past our retirement years is an ideal plan. In that way, we will be able to continue to save and put away money for when we can no longer physically perform duties.
There were many other tips on how to properly plan for retirement included in the book, which made it quite an essential read. I rate it 4 out of 4 stars. There were a few errors and such, but I believe that the book was edited by a professional, which helped with my rating.
Although the author recommends the book to people between the ages of forty and fifty, I would also recommend it to those in their thirties. I feel like that's the perfect age to think of retirement and saving money.
******
Reconfigurement
View: on Bookshelves | on Amazon