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Review of Reconfigurement

Posted: 22 Mar 2024, 17:22
by Pablo Josue Mendia
[Following is a volunteer review of "Reconfigurement" by E. Alan Fleischauer.]
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5 out of 5 stars
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Reconfigurement by E. Alan Fleischauer blends insightful financial planning advice and engaging storytelling, making it a valuable resource for people navigating the complexities of retirement planning. Fleischauer, with his qualifications in financial and retirement planning, gives a general overview in thirteen different chapters, each filled with practical wisdom, self-deprecating humor, and corny jokes.

Reconfigurement shows the contemporary problems of longer lifespans and inadequate retirement planning. Unlike most financial advice books, Fleischauer shows the emotional and practical aspects of retirement planning. He dismantles the outdated concept of traditional retirement timelines and savings strategies, urging readers to learn the new realities of extended adulthood and fluctuating employment.

Using anecdotes, statistical insights, and humor, Fleischauer shows the importance of proactive financial planning. From the sobering stats on American savings habits to the humorous digressions on midlife crises, Reconfigurement maintains a lively pace while giving information on topics, including long-term insurance policies, budgeting, and investment options.

While some information may become outdated, such as the Roth IRA’s limit increasing to $7,000 in 2024, the book’s overarching principles remain timeless. Readers can use the general information and easily update their knowledge when necessary.

I rate Reconfigurement 5 out of 5 stars and I recommend it for these reasons:

(1) Accessibility: Fleischauer shows complex financial concepts in easily digestible bits, making it suitable for readers of all backgrounds.

(2) Honesty: Fleischauer wisely encourages readers to seek personalized advice from tax or financial professionals for unique recommendations.

(3) Fun: I liked how he cited all his jokes. Fleischauer’s humor makes the dry experience of reading financial advice more bearable.

(4) Educational: Fleischauer shares non-financial insights. In China, the symbol for the word crisis has two characters: one character means “danger” or “pain,” and the other character means “opportunity.”

(5) Editing: Reconfigurement is professionally edited with minor errors.

I have absolutely no criticism of this book. Readers should write notes on the general information provided throughout the thirteen chapters because Reconfigurement has a lot of information. Fleischauer’s ideal reading audience is between 40 and 50 years old. However, I recommend it to every working adult. We can never be too early to begin taking care of one’s roadmap for navigating life’s financial challenges.

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Reconfigurement
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