Review of Reconfigurement

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Maruo Moitheyi
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Review of Reconfigurement

Post by Maruo Moitheyi »

[Following is a volunteer review of "Reconfigurement" by E. Alan Fleischauer.]
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4 out of 4 stars
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Financial education is very important and necessary for all who live in this modern, demanding world. However, a lot of us go through life with very little knowledge of how to properly spend the money we gain through employment or any other means. E. Alan Fleischauer, who has more than two decades worth of financial advisor experience behind him, wrote this book in an effort to educate the masses about money so they can better plan for their inevitable retirement. He outlines a whole gamut of financial issues, service, and products to consider before heading into retirement, and he calls these reconfigurations. As such, Reconfigurement is an aptly titled book that the author claims to be most ideal for individuals in their forties to their fifties.

Firstly, what stood out to me was the humour employed by the author across the chapters. The idea to include jokes was great because I feel like it helped cut the heaviness of the information. It made the content feel lighter, bearable, and readable. Without the humour, this would have been a very dry, very dreary book to get through because it is heavy on details and financial terms.

The second thing that stood out was the book's vastness. I thought that knowing about the 401(k) and savings was as far as one had to go to plan for a comfortable retirement, but I learned, through the book, that things like annuities, investments, and health insurance, amongst others, are just as important. A close friend, who is in the financial sector, opines that financial literacy should be part of basic education, and that it should be taught in schools, as more and more people are dying penniless. I have always agreed, but now I understand how and why more people seem to get into retirement without money. The information we should know just doesn't reach us early enough, and this book makes it very apparent.

I enjoyed the learning and also appreciated the attempt at humour, and I feel that this book has all the hallmarks of a great book. It deserves a rating of 4 out of 4 stars. There really isn't anything I can complain about it except to point that the repetition of the words like darn, duh, and hmmm were a little annoying after a while. Otherwise, this book is written well, and had almost no editing mistakes.

I would recommend ut to readers who have recognised the need to be financially literate. This book is an introduction into the world of good retirement planning, of knowing how to properly put our affairs in order so we can hopefully retire comfortably in the not-so-distant future.

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Reconfigurement
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