Review of Reconfigurement
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Nkuna John
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Review of Reconfigurement
[Following is a volunteer review of "Reconfigurement" by E. Alan Fleischauer.]
This book by E. Alan Fleischauer is named Reconfigurement. Its name comes from the English word that means to shape or put together (configure). Essentially, this book is aimed at the people who are ill-planned for their future retirement, or who want to reshape their retirement plan to better suit their needs and wants. In fact, the author says that "Reconfigurement is about planning ahead." The book covers a variety of topics that move from the basic understanding of different insurances to investment options, and it supports each topic with detailed information that aims to be informative.
As an educational piece, this book is revealing. It is certainly obvious that the author has a lot of knowledge in the field, and one thing that is painfully clear is that a lot of people, if not most people, have very little financial literacy, myself included. I am almost in my mid-twenties and I haven't thought about retirement in earnest. My concerns are short-term goals and acquiring the things I believe matter in life, or in my life, then heading into my forties comfortably with the ability to make informed financial decisions. There is a lot of very beneficial and new information that I uncovered in the book that will hopefully be handy in future. For instance, I have always thought of pension as a one option deal, but I was surprised to find out about the different options in the matter, IRAs and Roth IRAs being new to me.
I also am astounded by how heavy this book feels despite being a very short read. I read it in one day but I felt like there was a wealth of information that I absorbed and learned. That speaks to effective writing from the author. He was very clear on what information he wanted to share and he didn't go around in circles, but got right to the point from the beginning.
I guess the information shared in the book could have been simplified even further. I read this book once, but I had a lot of trouble understanding some of the terms and explanations given. I feel like I may have to read it once or twice more to fully understand it.
I respect the book for what it is, and I will rate it 4 out of 4 stars. It might need a couple of readings, but there is nothing that is glaringly negative about it. I like it a lot.
I would strongly recommend this book to employed youth who are starting their lives, like me. We are at a crucial point of our lives where financial mistakes may haunt us post-retirement. I think that early planning is key, and the mid-twenties and early thirties are great periods of one's life to get certain things right, financial planning being amongst the most important.
******
Reconfigurement
View: on Bookshelves | on Amazon
This book by E. Alan Fleischauer is named Reconfigurement. Its name comes from the English word that means to shape or put together (configure). Essentially, this book is aimed at the people who are ill-planned for their future retirement, or who want to reshape their retirement plan to better suit their needs and wants. In fact, the author says that "Reconfigurement is about planning ahead." The book covers a variety of topics that move from the basic understanding of different insurances to investment options, and it supports each topic with detailed information that aims to be informative.
As an educational piece, this book is revealing. It is certainly obvious that the author has a lot of knowledge in the field, and one thing that is painfully clear is that a lot of people, if not most people, have very little financial literacy, myself included. I am almost in my mid-twenties and I haven't thought about retirement in earnest. My concerns are short-term goals and acquiring the things I believe matter in life, or in my life, then heading into my forties comfortably with the ability to make informed financial decisions. There is a lot of very beneficial and new information that I uncovered in the book that will hopefully be handy in future. For instance, I have always thought of pension as a one option deal, but I was surprised to find out about the different options in the matter, IRAs and Roth IRAs being new to me.
I also am astounded by how heavy this book feels despite being a very short read. I read it in one day but I felt like there was a wealth of information that I absorbed and learned. That speaks to effective writing from the author. He was very clear on what information he wanted to share and he didn't go around in circles, but got right to the point from the beginning.
I guess the information shared in the book could have been simplified even further. I read this book once, but I had a lot of trouble understanding some of the terms and explanations given. I feel like I may have to read it once or twice more to fully understand it.
I respect the book for what it is, and I will rate it 4 out of 4 stars. It might need a couple of readings, but there is nothing that is glaringly negative about it. I like it a lot.
I would strongly recommend this book to employed youth who are starting their lives, like me. We are at a crucial point of our lives where financial mistakes may haunt us post-retirement. I think that early planning is key, and the mid-twenties and early thirties are great periods of one's life to get certain things right, financial planning being amongst the most important.
******
Reconfigurement
View: on Bookshelves | on Amazon
