B2B Inspiration: Getting the RIGHT answers with Sam Albanese

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B2B pros are often very skilled at their chosen professions. They spend their time taking care of their customers’ businesses, often sacrificing their own matters to do so, a Toronto-based financial expert said.

Generally speaking, professionals “have the ability to make a great deal of money,” said Sam Albanese, who has worked in the financial services industry for 30 years and founded the Financial Services Practitioner’s Program at Seneca College.

“They are very confident that their earnings will last them well into their golden years. Yet all too often you hear of professionals who have not planned their future, or due to bad advice, find themselves financially strapped in their later years and therefore must continue to work past their ‘best before date.’

“In my experience, professionals simply do not have the time to take care of their own affairs,” said Albanese, adding that these people often leave long-term planning to their advisors – sometimes, to their own detriment. “They are confident that even if they make a mistake, they can quickly overcome their deficit and move on.”

With a goal to help professionals get educated, Albanese and Susan Yates co-authored RIGHT Answers: The Answers to 260 of your Retirement Questions.

Albanese said the book provides easy-to-understand, jargon-free answers – as the title states, 260 of them – to the questions he most often gets in relation to Canadian retirement finances. Topics discussed include government and company pensions and Canadian tax issues.

“The most crucial time in a person’s financial well-being is when they reach the latter part of their lives,” said Albanese. “A financial miscalculation can be very costly since they have little time to make up for their loss.”

To win a copy of RIGHT Answers, follow us on Twitter @B2BNewsNetwork and tell us what apps help you in your workday. Include the hashtag #B2BInspiration. Contest closes on Saturday, April 16, 2016 at 11:59 PM ET.

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Tracey Tong

Tracey Tong

Tracey Tong is an award-winning journalist with over 15 years in newspapers and communications. She is a former managing editor at Metro News and has contributed stories on business, politics, technology, science, healthcare and the arts to dozens of publications all over North America. The Burlington native currently makes her home in Ottawa. Find her on Twitter @TraceyTong
Tracey Tong

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