Review of Reconfigurement
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Review of Reconfigurement
Reconfigurement by E. Alan Fleischauer is a classic book on financial planning as one prepares for retirement. As the title says, this book aims at helping individuals reshape the way they view finances, especially people in the middle ages. Since none of us can escape aging and the difficulties that come with it, reframing how we prepare for that period can make the golden years easier to navigate. With financial freedom that comes with proper planning, it will ensure that one does not end up being a burden to others. The author banks on the fact that more Americans are living longer.
There's a great difference between working hard for retirement and planning for retirement. Most people do the former, unfortunately. This book is packed with information on how to make the right decisions.
What I loved most about this book was the author's wit. Considering that this could be quite a boring topic, albeit necessary, the author has incorporated a lot of witty phrases to break the monotony. This is not common for such books, and finding this was gold. I also loved the practical examples provided by the author to further back his claims. This goes a long way in convincing someone about the importance of rethinking their investment options.
The only thing I did not like in this book is the author's target audience. The author has written the book targeting the American people. This brought about terms to do with the American financial system and how it works. Terms such as 401k are foreign to someone who is not American. However, this is my observation; someone else might find it normal. I had to find out the meaning of some of the terms from other sources.
This book is exceptionally well edited. I did not find any errors. Apart from the American financial system terms, this book has met its intended objectives. It is very motivational and encouraging. Even though I am yet to clock 40, it gave me hope that there is still time to reconfigure my life in terms of career choice and financial planning techniques.
This book has scored a perfect 5 out of 5 stars. From the wit, humor, editing, and nuggets of wisdom, the book was wonderfully executed. The personal preference issue isn't sufficient to deny the book a perfect score. The fact that the author is a professional financial advisor gives the read much weight again.
I recommend this book to anyone considering reconfigurement in terms of finances. The author's target audience is people in their early 40s already considering retirement benefits options. However, even much younger individuals will still find this book even more useful.
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Reconfigurement
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