NEW YORK - TelAve -- This week on Moving America Forward airing on CNBC, nationally recognized retirement expert Tom Hegna welcomes financial planning professional Andrew Lax, founder of Paradise Assured Insurance Agency, for an in-depth discussion on retirement income planning and strategies designed for high-income earners.

Lax brings a unique perspective to retirement planning. Before entering the financial services industry, he spent more than 25 years working in his family's specialty food importing and packing business, gaining experience in manufacturing, sales, executive management, and international operations while living and working in Spain, Morocco, and Greece.

Following the sale of the family business and the economic uncertainty surrounding the 2008 financial crisis, Lax discovered a new calling helping families prepare for retirement and the financial challenges associated with aging.

When asked how he is helping move America forward, Lax explained that his mission is to make the Paradise Assured Framework available to businesses and high earners seeking greater predictability, confidence, and efficiency in retirement income planning.

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The Paradise Assured Framework is designed for accredited investors and serves as a complement to traditional retirement vehicles such as 401(k)s, IRAs, and taxable investment accounts. Rather than replacing these strategies, the framework adds a tax-advantaged layer intended to address retirement income distribution risks, future tax liabilities, and longevity concerns.

A central component of the strategy utilizes cash-value life insurance structured as a financial asset that can work alongside an existing portfolio. Through premium financing strategies, qualified clients may be able to leverage contributions to create larger positions while maintaining downside protection during market declines and participating in market gains during positive years.

Lax also discussed the importance of healthcare planning in retirement, including annual Medicare reviews to help clients avoid unnecessary out-of-pocket expenses and ensure coverage remains aligned with their changing health needs.

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"People are living longer than ever before, and one of the biggest concerns retirees face is outliving their income," said Lax. "Our goal is to help create retirement income strategies designed to last a lifetime."

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 focused on financial education and retirement awareness across America. Below is a short clip.

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



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

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