NEW YORK – Oct. 27, 2026 – PRLog — Preparing for retirement involves more than building a nest egg. Knowing how to turn savings into dependable income, manage taxes and protect against unexpected expenses can make a significant difference in retirement. Rick Durkee, founder and CEO of Coastal Financial Planning Group, will address these challenges in an upcoming episode of Moving America Forward, airing nationally on CNBC November 8th as sponsored programming.
In his conversation with host Vince Butta, Durkee examines the critical transition from accumulating wealth to distributing it during retirement. He highlights the “retirement red zone”—the five years before retirement and the first five years afterward—as a pivotal period when financial decisions can shape an individual’s long-term financial outlook.
Durkee advocates for a written retirement income plan that brings together anticipated income sources and future expenses. By identifying potential shortfalls and coordinating assets strategically, retirees can better understand how to create income streams designed to support their desired lifestyle.
The interview also explores retirement’s most significant financial risks, including market fluctuations, rising healthcare costs, longevity and the possibility of outliving savings. Durkee discusses how withdrawal strategies, Social Security timing and tax planning can work together to help retirees make the most of the resources they have accumulated.
Tax efficiency is another central theme. Durkee explains the value of coordinating taxable, tax-deferred and tax-free income sources throughout retirement, while examining how assets such as cash-value life insurance may contribute to an overall income strategy.
View a sneak peek of Rick Durkee’s national television interview:
Watch the interview preview on YouTube
The episode is scheduled to air on Saturday, November 8, at 7:30 a.m. ET on CNBC. Through this sponsored programming, Moving America Forward aims to increase financial awareness and help viewers better understand the decisions involved in preparing for retirement.
Durkee leads Coastal Financial Planning Group with a mission to help individuals pursue a comfortable retirement. He holds the Retirement Income Certified Professional (RICP) designation and is a Life Underwriter Training Council Fellow (LUTCF). He was elected treasurer of the Better Business Bureau of the Midlands and Lowcountry for 2024.
Moving America Forward showcases entrepreneurs, innovators and business leaders whose expertise and ideas contribute to greater awareness and informed decision-making.
To learn more about Rick Durkee and Coastal Financial Planning Group, visit www.cfpgroup.biz.
