Review of Reconfigurement
Posted: 10 Feb 2023, 21:08
[Following is a volunteer review of "Reconfigurement" by E. Alan Fleischauer.]
Nowadays, many of us are focused on building successful careers to secure a comfortable lifestyle. However, this fast-paced pursuit often leads to neglecting future planning, particularly when it comes to retirement. The commonly held perception that retirement planning is only relevant for older individuals has resulted in a dismissive attitude among young people towards this vital aspect of financial planning. This is due to the limited education and emphasis on retirement planning, which primarily targets older individuals, leading to a lack of understanding and preparation among the younger generation.
The book Reconfigurement by E. Alan Fleischauer offers a refreshing perspective on retirement planning. Written by a seasoned financial services executive and venture capitalist, the author draws on decades of experience and research to challenge conventional wisdom and offer unique and necessary insights on retirement planning. The book aims to alter people's views and understanding of retirement planning and to empower individuals to take control of their finances, especially in the future. The author's expertise, combined with his in-depth research, makes the book an indispensable guide for anyone looking to plan for retirement.
The author begins with a sobering reality check, highlighting the flip side of the increased lifespan of average Americans. He notes that this increased lifespan comes with added financial responsibilities and commitments, and the traditional mindset of retiring at age 65 is no longer sufficient. The author asserts that in order to meet these challenges, individuals must strive to increase their sources of income, make smart investments, and be prepared to work beyond the age of 65. This shift in thinking and approach to retirement planning is essential to ensuring a secure financial future.
I am glad I read this book at this time of the year because I gained valuable insights. In my opinion, the book serves as more than just a retirement guide; it is a comprehensive financial guide, offering tools and strategies to plan finances and careers for the future.
One of the things I appreciated about the book is the author's thorough analysis and explanation of fundamental financial concepts, including social security and investment options. The author's clear and detailed presentation of these key concepts allowed me to understand the pros and cons of each. It will also be instrumental in helping me make informed decisions.
Additionally, I was impressed by the excellent editing of the book. The absence of errors made the reading experience seamless and enjoyable, and the author's insights were communicated clearly and effectively.
However, there is something I didn't like about the book. The author's focus on the American financial system may make it difficult for readers outside the United States of America to fully understand some of the concepts discussed. This might limit the book's practical application for a non-American reader, as some of the recommendations may not be applicable in other countries. Nevertheless, this will not affect my rating of the book. I will give it a 5 out of 5 stars rating.
In conclusion, I recommend this book to anyone determined to have a blissful post-retirement life. Whether you're just starting out in your career or approaching retirement, this book is an excellent resource for understanding the benefits of planning and making smart choices. With its unique approach and practical advice, Reconfigurement will positively impact the reader's financial future.
******
Reconfigurement
View: on Bookshelves | on Amazon
Nowadays, many of us are focused on building successful careers to secure a comfortable lifestyle. However, this fast-paced pursuit often leads to neglecting future planning, particularly when it comes to retirement. The commonly held perception that retirement planning is only relevant for older individuals has resulted in a dismissive attitude among young people towards this vital aspect of financial planning. This is due to the limited education and emphasis on retirement planning, which primarily targets older individuals, leading to a lack of understanding and preparation among the younger generation.
The book Reconfigurement by E. Alan Fleischauer offers a refreshing perspective on retirement planning. Written by a seasoned financial services executive and venture capitalist, the author draws on decades of experience and research to challenge conventional wisdom and offer unique and necessary insights on retirement planning. The book aims to alter people's views and understanding of retirement planning and to empower individuals to take control of their finances, especially in the future. The author's expertise, combined with his in-depth research, makes the book an indispensable guide for anyone looking to plan for retirement.
The author begins with a sobering reality check, highlighting the flip side of the increased lifespan of average Americans. He notes that this increased lifespan comes with added financial responsibilities and commitments, and the traditional mindset of retiring at age 65 is no longer sufficient. The author asserts that in order to meet these challenges, individuals must strive to increase their sources of income, make smart investments, and be prepared to work beyond the age of 65. This shift in thinking and approach to retirement planning is essential to ensuring a secure financial future.
I am glad I read this book at this time of the year because I gained valuable insights. In my opinion, the book serves as more than just a retirement guide; it is a comprehensive financial guide, offering tools and strategies to plan finances and careers for the future.
One of the things I appreciated about the book is the author's thorough analysis and explanation of fundamental financial concepts, including social security and investment options. The author's clear and detailed presentation of these key concepts allowed me to understand the pros and cons of each. It will also be instrumental in helping me make informed decisions.
Additionally, I was impressed by the excellent editing of the book. The absence of errors made the reading experience seamless and enjoyable, and the author's insights were communicated clearly and effectively.
However, there is something I didn't like about the book. The author's focus on the American financial system may make it difficult for readers outside the United States of America to fully understand some of the concepts discussed. This might limit the book's practical application for a non-American reader, as some of the recommendations may not be applicable in other countries. Nevertheless, this will not affect my rating of the book. I will give it a 5 out of 5 stars rating.
In conclusion, I recommend this book to anyone determined to have a blissful post-retirement life. Whether you're just starting out in your career or approaching retirement, this book is an excellent resource for understanding the benefits of planning and making smart choices. With its unique approach and practical advice, Reconfigurement will positively impact the reader's financial future.
******
Reconfigurement
View: on Bookshelves | on Amazon