Review of Reconfigurement
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Tejas Koli
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Review of Reconfigurement
[Following is a volunteer review of "Reconfigurement" by E. Alan Fleischauer.]
E. Alan Fleischauer’s 'Reconfigurement' offers invaluable insights for individuals seeking to reassess their financial strategies and career paths in light of contemporary longevity and retirement dynamics. As a seasoned certified financial planner, Fleischauer leverages his expertise and client interactions to advocate for a progressive approach he terms 'reconfigurement financial planning.'
In clear, accessible prose, Fleischauer contends that modern Americans enjoy significantly extended lifespans compared to previous generations but have yet to adapt their financial plans accordingly. He argues that conventional models focused solely on investment accumulation are ill-suited to address the complexities arising from increased longevity and uncertainties surrounding traditional sources of income like pensions and Social Security. Instead, Fleischauer proposes an approach that actively incorporates continued employment, potentially in new vocations, well into later stages of life. The book is meticulously researched, drawing upon data from reputable sources to underscore key points regarding longevity trends, retirement savings deficits, and risks related to disability. Despite the weighty subject matter, Fleischauer infuses the narrative with occasional humor and personal anecdotes, maintaining reader engagement throughout. By employing a fictional client named Ed as a recurring example, Fleischauer effectively illustrates how reconfiguration principles can be applied across various life stages.
The editing of the book is flawless, devoid of grammatical errors, ensuring a smooth and seamless reading experience. Each of the 13 chapters addresses critical considerations for reconfiguration planning, ranging from expense management and income replacement to the utilization of retirement instruments and employment alternatives. Fleischauer offers well-rounded perspectives and acknowledges potential counterarguments or additional complexities. Particularly impactful are the later chapters delving into healthcare expenses, long-term care, estate planning, and mental well-being management in retirement. There are no negative points to mention.
While maintaining a pragmatic, solution-oriented approach, Fleischauer acknowledges the deeply personal nature of life reconfiguration and the challenges it entails. Readers are encouraged to view crises or setbacks as opportunities for positive transformation. In sum, 'Reconfigurement' presents a well-informed, innovative reimagining of retirement and financial planning paradigms in today’s landscape, offering a highly accessible guide for anyone reassessing their career or financial strategies in pursuit of financially secure and active longevity. This book deserves recognition as essential reading for those navigating the complexities of modern retirement planning. I would rate it 5 out of 5.
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Reconfigurement
View: on Bookshelves | on Amazon
E. Alan Fleischauer’s 'Reconfigurement' offers invaluable insights for individuals seeking to reassess their financial strategies and career paths in light of contemporary longevity and retirement dynamics. As a seasoned certified financial planner, Fleischauer leverages his expertise and client interactions to advocate for a progressive approach he terms 'reconfigurement financial planning.'
In clear, accessible prose, Fleischauer contends that modern Americans enjoy significantly extended lifespans compared to previous generations but have yet to adapt their financial plans accordingly. He argues that conventional models focused solely on investment accumulation are ill-suited to address the complexities arising from increased longevity and uncertainties surrounding traditional sources of income like pensions and Social Security. Instead, Fleischauer proposes an approach that actively incorporates continued employment, potentially in new vocations, well into later stages of life. The book is meticulously researched, drawing upon data from reputable sources to underscore key points regarding longevity trends, retirement savings deficits, and risks related to disability. Despite the weighty subject matter, Fleischauer infuses the narrative with occasional humor and personal anecdotes, maintaining reader engagement throughout. By employing a fictional client named Ed as a recurring example, Fleischauer effectively illustrates how reconfiguration principles can be applied across various life stages.
The editing of the book is flawless, devoid of grammatical errors, ensuring a smooth and seamless reading experience. Each of the 13 chapters addresses critical considerations for reconfiguration planning, ranging from expense management and income replacement to the utilization of retirement instruments and employment alternatives. Fleischauer offers well-rounded perspectives and acknowledges potential counterarguments or additional complexities. Particularly impactful are the later chapters delving into healthcare expenses, long-term care, estate planning, and mental well-being management in retirement. There are no negative points to mention.
While maintaining a pragmatic, solution-oriented approach, Fleischauer acknowledges the deeply personal nature of life reconfiguration and the challenges it entails. Readers are encouraged to view crises or setbacks as opportunities for positive transformation. In sum, 'Reconfigurement' presents a well-informed, innovative reimagining of retirement and financial planning paradigms in today’s landscape, offering a highly accessible guide for anyone reassessing their career or financial strategies in pursuit of financially secure and active longevity. This book deserves recognition as essential reading for those navigating the complexities of modern retirement planning. I would rate it 5 out of 5.
******
Reconfigurement
View: on Bookshelves | on Amazon
Latest Review: The Miracle Ladies by Jean-Michel Desire
