Review of Reconfigurement

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Sonia Singh 5
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Latest Review: Reconfigurement by E. Alan Fleischauer

Review of Reconfigurement

Post by Sonia Singh 5 »

[Following is a volunteer review of "Reconfigurement" by E. Alan Fleischauer.]
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4 out of 5 stars
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Financial literacy is critical when it comes to managing our finances throughout our life, yet most of us shrug away immediately or procrastinate to understand it. It is so because financial literacy (and planning) is tedious and too complex. If you also find yourself in this scenario, voila, Reconfigurement is the book for you!

The non-fiction novel Reconfigurement is written by E. Alan Fleischauer, who has been a financial advisor for more than 20 years. The book stresses financial literacy and planning post-retirement, specifically suited for an American citizen. What makes it great is how the author is excited about telling the various aspects of selecting the right option available for multiple purposes with a mix of jokes and humor.

The author has rightly put that the increase in life expectancy has increased the importance of planning after retirement. He says that income is essential and quitting a job with no plans ahead would be a terrible decision. He also informs about career aptitude assessments, some of them available for free online, which may help one get the job they genuinely suit. He wants you to be aware and beware of so many unheard yet pertinent financial policies.

The book is a bombardment of knowledge involving financial planning and management. The author delves into readers’ perspectives, makes sure the book doesn’t get boring and uses a frank conversational tone throughout the book, for which I appreciate the author. He discusses retirement, savings, investments, taxes, insurance, social security, career assessments, medicare, wills, and much more. The insight and research put into explaining the pros and cons without missing a brief history behind the policy in the discussion are fantastic.

Although the author has done a great job in breaking the complex piece into chunks, in some places, one who has just started to understand finances may get lost a bit in the technicalities of the finance world terms. I guess this may be more applicable to people outside of America, like me, who are unaware of popular American finance-related stuff.

It's incredible to notice that the book is exceptionally well-edited. I would rate this book 4 out of 5 stars. One star less for a reason stated in the above paragraph. Another reason could be the repetition of words, which is necessary also to explain the idea, but it still becomes tiresome to read at that point.

One should definitely try it, as it provides excellent value to people still in the workforce. The book can be well recommended to adults who are below retirement age, people who are about to retire soon or have retired already and people who are planning to plan their finances or looking for nuances in their financial management journey.

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Reconfigurement
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