Review of Reconfigurement
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Review of Reconfigurement
Reconfigurement, by E. Alan Fleischauer, is a book about retirement planning. Traditionally, the approach to retirement has been "numbers-oriented," with consumers concentrating on asset accumulation and prudent asset management. This means that retirement strategies are built around traditional investments, primarily an asset-based financial plan. The author contends that we must look beyond this. He believes that retirement plans should include a plan of action that actively incorporates pre- and post-retirement activities. Because the author is a financial advisor, helping people plan for retirement is a big part of his practice. He identified gaps that needed to be filled through his interactions with his clients and his extensive experience. He wrote this book to address the issues he identified.
This book has a lot of things to like about it. The book's sound financial advice was particularly appealing to me. The reader will have expanded their knowledge of financial planning by the end of the book. The book discusses important financial topics such as social security, tax reduction, investment plans, spending strategies, income protection, health insurance, disability protection, and insurance plans. The author uses realistic examples to provide an in-depth analysis of each topic. Because the author is knowledgeable about financial planning, it is prudent to listen to and follow his advice.
Another aspect of this book that I enjoy is the author's writing style. The subject covered in the book is vital to everyone. As a result, it is critical that the author be able to communicate his ideas to as large an audience as possible. Because most readers will not have a financial background, the use of technical financial terms is discouraged. The author wrote in simple, easy-to-understand language. The author's approach made the book feel more like a friendly conversation about financial planning than a boring financial book.
The only thing I didn't like about the book was the author's overuse of jokes. Given the book's subject matter, I believe a few jokes were necessary to lighten the mood. In my opinion, the author went too far with the jokes and used far too many of them. After reading a couple of the jokes, I realized that they only served as a distraction and did not contribute to the book's improvement.
This is an excellent book that will help the reader prepare for retirement. The author attempts to cover financial planning in a precise and understandable manner. Except for a few minor errors, the book is exceptionally well edited. Given how useful this book is and my reading experience, I give it a rating of 4 out of 4 stars.
Every chapter of the book contained a message for the reader. This is a book that should be read several times until the concepts are grasped. Anyone over the age of 30 who needs to plan for their future should read this book. Financial advisors should read this as well in order to properly advise their clients.
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Reconfigurement
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