Review of Reconfigurement
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Review of Reconfigurement
Planning is an essential part of life, and this book; Reconfigurement, written by E. Alan Fleischauer, is a perfect guide to financial planning. This book revolves around the benefits of having a good financial plan, as well as the troubles people encounter in retirement when they fail to plan for it.
Reconfigurement is all about life after retirement and how to effectively plan for it. The author was able to highlight the importance of financial planning, which could help the reader plan properly for life after retirement. The book gets its title; "Reconfigurement," because it gives the reader an insight on how to reconfigure their financial plans, which could help them enjoy an excellent retirement without setbacks. An important economic term that was also discussed in this book was insurance and how to maximize its benefits. Pension plans and other retirement plans, such as IRAs and 401(k)s, were also discussed in this book. The author, being an expert in financial advice, was able to emphasize the benefits of having a good retirement and the dangers of procrastinating retirement planning.
I loved the way the author was able to make a book about finance and economics interesting to read, a theme that one might deem boring by default. His captivating stories and funny jokes brought so much life to the book. I totally cannot imagine myself reading this book without them. I also enjoyed that he wrote substantially about different retirement plans, making citations to the loopholes available and the pros and cons of the different plans.
The only thing I didn't like about the book was the excessive use of financial jargon by the author at some point, without going forward to simplify such terminologies. Rookies like myself and others who might not be financially literate or at least have a working-class background might find it difficult to relate to or understand the content of this book. I had to read the first few chapters of this with a financial dictionary. The internet was also helpful in defining some words for me. Apart from this little setback, I find nothing else wrong with this book.
I enjoyed this book a lot, and I would rate it 5 stars out of 5. I did not find any errors in this book; it has been flawlessly edited. I am recommending this book for people who have an affinity for financial literature. I am also recommending this book for people with white collar jobs who would love to start planning for their retirement and learn about the different options that could be available to them.
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Reconfigurement
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