Coming Up on CNBC: Andrew Lax Discusses Retirement Income Strategies on "Moving America Forward" with Tom Hegna

NEW YORK - EntSun -- As Americans face longer life expectancies, rising healthcare costs, and increasing uncertainty surrounding taxes and retirement income, financial planning expert Andrew Lax is helping clients prepare for what many consider the greatest retirement risk of all — outliving their money.

This week on Moving America Forward, airing nationally on CNBC, host and retirement expert Tom Hegna sits down with Lax, founder of Paradise Assured Insurance Agency, to discuss innovative strategies designed to help affluent families and business owners create more predictable and tax-efficient retirement income.

During the interview, Lax explains why traditional retirement savings vehicles alone may not fully address the challenges retirees face during the distribution phase of retirement. While 401(k)s, IRAs, and investment portfolios remain valuable accumulation tools, retirees must also prepare for market volatility, changing tax policies, healthcare expenses, and longevity risk.

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To address these concerns, Lax developed the Paradise Assured Framework, a retirement income strategy designed to complement existing assets by adding an additional layer of tax-advantaged planning and income protection.

The framework utilizes advanced financial strategies, including the use of cash-value life insurance as a financial asset, to help qualified investors create retirement income streams that are designed to remain resilient regardless of market conditions.

Lax also highlights the growing importance of healthcare planning in retirement. Medicare decisions, prescription costs, and long-term healthcare expenses can significantly impact retirement security if left unmanaged.

"Retirement planning isn't simply about accumulating assets anymore," said Lax during the interview. "It's about creating reliable income, reducing unnecessary risks, and building a strategy designed to support clients throughout increasingly longer retirements."

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In addition to retirement income planning, the discussion explores business succession planning, key person protection, and strategies available to business owners seeking greater financial flexibility and efficiency.

Viewers are invited to tune in to CNBC on Sunday, July 19, at 7:30 a.m. EST for this special presentation of Moving America Forward, airing as sponsored programming dedicated to financial education and retirement awareness across America.  Below is a short clip.

https://www.youtube.com/watch?v=DLXGMeahXuc



Moving America Forward, previously hosted by William Shatner, highlights entrepreneurs, innovators, and business leaders making a positive impact across America through leadership, innovation, and service.

For more information about Andrew Lax and Paradise Assured Insurance Agency Visit https://www.paradiseassured.com/.