Review of Reconfigurement
Posted: 14 Jan 2023, 12:41
[Following is a volunteer review of "Reconfigurement" by E. Alan Fleischauer.]
Reconfigurement is essentially a notion that highlights the importance of financial planning ahead of unforeseen circumstances, particularly as one's capacity to work and make a living declines with age. As the author, E. Alan Fleischauer, observed, aging places a significant strain on family income, so proper preparation must be put in place to accommodate such times. This highlights the need for an income protection plan or disability insurance. Furthermore, group disability policies are advantageous and can be converted to personal disability insurance. It is necessary to conduct personal assessments using numerous techniques, some of which the author has provided. The author believes that this should be done as soon as possible (before the age of 65); the ideal age may be as young as thirty. Fleischauer argued for including future demands like health care, among others, in a solid retirement plan when developing a reconfiguration plan. Social security systems are important considerations to keep in mind while restructuring, especially if the monies are not claimed before the age of seventy. The author emphasized the importance of stock investments in improving one's welfare as they plan for retirement. The book adequately covered other possibilities, such as life insurance and annuities.
The author's in-depth revelation of alternative strategies to reorganize economics in the face of competing resources captivated me. We frequently fail to recognize that the clear increase in the elderly population necessitates affordable health insurance as a critical component of reconfiguration. I like how the article mentioned the necessity to start investing in reconfiguration plans as early as thirty years old. This is frequently neglected by our modern, youthful population.
There was nothing about the book that I didn't like. It demonstrates the reality of the benefits of an early and well-structured reconfiguration strategy. Adult retirees would have a financially balanced life if they followed the advice in this book.
I give the book 5 out of 5 stars since the author is able to correctly convey the notion of reconfiguration. It was appropriate and beautifully stated, especially given that pay checks are no longer issued after retirement. The medical needs of those over the age of 65 continue to rise, depleting family resources. Creating a restructuring strategy will help alleviate financial stress in the future. I gladly give the book a perfect rating, and I intend to put it into practice right away.
This book, I believe, would appeal to those approaching retirement age and older. These people are commonly referred to as "seniors," and they are between the ages of 60 and above. However, I believe that even younger people just starting out in their careers can benefit from this book in order to plan ahead for long careers that will last until retirement age.
******
Reconfigurement
View: on Bookshelves | on Amazon
Reconfigurement is essentially a notion that highlights the importance of financial planning ahead of unforeseen circumstances, particularly as one's capacity to work and make a living declines with age. As the author, E. Alan Fleischauer, observed, aging places a significant strain on family income, so proper preparation must be put in place to accommodate such times. This highlights the need for an income protection plan or disability insurance. Furthermore, group disability policies are advantageous and can be converted to personal disability insurance. It is necessary to conduct personal assessments using numerous techniques, some of which the author has provided. The author believes that this should be done as soon as possible (before the age of 65); the ideal age may be as young as thirty. Fleischauer argued for including future demands like health care, among others, in a solid retirement plan when developing a reconfiguration plan. Social security systems are important considerations to keep in mind while restructuring, especially if the monies are not claimed before the age of seventy. The author emphasized the importance of stock investments in improving one's welfare as they plan for retirement. The book adequately covered other possibilities, such as life insurance and annuities.
The author's in-depth revelation of alternative strategies to reorganize economics in the face of competing resources captivated me. We frequently fail to recognize that the clear increase in the elderly population necessitates affordable health insurance as a critical component of reconfiguration. I like how the article mentioned the necessity to start investing in reconfiguration plans as early as thirty years old. This is frequently neglected by our modern, youthful population.
There was nothing about the book that I didn't like. It demonstrates the reality of the benefits of an early and well-structured reconfiguration strategy. Adult retirees would have a financially balanced life if they followed the advice in this book.
I give the book 5 out of 5 stars since the author is able to correctly convey the notion of reconfiguration. It was appropriate and beautifully stated, especially given that pay checks are no longer issued after retirement. The medical needs of those over the age of 65 continue to rise, depleting family resources. Creating a restructuring strategy will help alleviate financial stress in the future. I gladly give the book a perfect rating, and I intend to put it into practice right away.
This book, I believe, would appeal to those approaching retirement age and older. These people are commonly referred to as "seniors," and they are between the ages of 60 and above. However, I believe that even younger people just starting out in their careers can benefit from this book in order to plan ahead for long careers that will last until retirement age.
******
Reconfigurement
View: on Bookshelves | on Amazon