Review of Reconfigurement
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Tommy Mayengbam
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Review of Reconfigurement
[Following is a volunteer review of "Reconfigurement" by E. Alan Fleischauer.]
“Unless a person was born with a silver spoon in their mouth, the majority of Americans will need to work past the normal retirement age of 65.”
It's increasingly common to witness elderly individuals experiencing homelessness or living on minimal resources after retiring. Many of us tend to live in the present, adopting a 'whatever will be, will be' mentality. However, as the author aptly illustrates in the book, the challenges faced in late life can often outweigh those experienced in mid-life crises.
"Reconfigurement" by E. Alan Fleischauer is a comprehensive finance guide designed to help people escape late-life challenges by efficiently planning ahead of retirement. As a financial advisor himself, Fleischauer navigates readers through the concept of reconfigurement, offering insights on when to start planning, how to set goals, and various financial strategies. The book covers topics including mutual funds, trusts, social security claiming strategies, IRA options, wills, penalties, and more. Additionally, it delves into selecting suitable careers based on individual personality traits.
I like this book for several reasons.
First, let me tell you that I am decades away from the traditional retirement age. But still, I chose the book as my curiosity got the better of me. I'm happy with my decision because the book opened my eyes to profound values that people my age aren’t probably aware of. The realization that many Americans may face financial challenges in their later years due to increased life expectancy is eye-opening.
Fleischauer's use of data to support his arguments instills confidence, as does his emphasis on seeking professional advice before making financial decisions. Moreover, the historical context provided regarding financial policies and trusts is insightful. Also, the personality assessment tools and recommended readings for post-retirement opportunities add practical value.
Furthermore, the book is professionally edited with a few minor errors.
Despite its strengths, I find some of the attempts at humor to be dry and irrelevant to the context. I agree that the author includes humor to make the book more entertaining, considering finance is not one of the most interesting topics. However, it just doesn't click with me. Nonetheless, this is a subjective opinion, and other readers may find it amusing.
In conclusion, it is a must-read for anyone approaching retirement age, those with aging parents, or individuals seeking to plan their financial future proactively. Its comprehensive guidance and practical advice warrant a 5 out of 5 rating.
I highly recommend adding it to your collection.
******
Reconfigurement
View: on Bookshelves | on Amazon
“Unless a person was born with a silver spoon in their mouth, the majority of Americans will need to work past the normal retirement age of 65.”
It's increasingly common to witness elderly individuals experiencing homelessness or living on minimal resources after retiring. Many of us tend to live in the present, adopting a 'whatever will be, will be' mentality. However, as the author aptly illustrates in the book, the challenges faced in late life can often outweigh those experienced in mid-life crises.
"Reconfigurement" by E. Alan Fleischauer is a comprehensive finance guide designed to help people escape late-life challenges by efficiently planning ahead of retirement. As a financial advisor himself, Fleischauer navigates readers through the concept of reconfigurement, offering insights on when to start planning, how to set goals, and various financial strategies. The book covers topics including mutual funds, trusts, social security claiming strategies, IRA options, wills, penalties, and more. Additionally, it delves into selecting suitable careers based on individual personality traits.
I like this book for several reasons.
First, let me tell you that I am decades away from the traditional retirement age. But still, I chose the book as my curiosity got the better of me. I'm happy with my decision because the book opened my eyes to profound values that people my age aren’t probably aware of. The realization that many Americans may face financial challenges in their later years due to increased life expectancy is eye-opening.
Fleischauer's use of data to support his arguments instills confidence, as does his emphasis on seeking professional advice before making financial decisions. Moreover, the historical context provided regarding financial policies and trusts is insightful. Also, the personality assessment tools and recommended readings for post-retirement opportunities add practical value.
Furthermore, the book is professionally edited with a few minor errors.
Despite its strengths, I find some of the attempts at humor to be dry and irrelevant to the context. I agree that the author includes humor to make the book more entertaining, considering finance is not one of the most interesting topics. However, it just doesn't click with me. Nonetheless, this is a subjective opinion, and other readers may find it amusing.
In conclusion, it is a must-read for anyone approaching retirement age, those with aging parents, or individuals seeking to plan their financial future proactively. Its comprehensive guidance and practical advice warrant a 5 out of 5 rating.
I highly recommend adding it to your collection.
******
Reconfigurement
View: on Bookshelves | on Amazon
Latest Review: The Shot Not Heard Around the World by Charlie damitz
