Bob Fugate, CEO and President of Retirement Financial Solutions, a retirement income planning firm, says that while dollar-cost averaging works well for workers, retirees need to reconsider their strategy.

Knoxville, TN – July 2, 2013 – Bob Fugate, CEO of Retirement Financial Solutions, retirement advisor and Certified Financial Planner™, published an article on his website  titled “When Dollar Cost Averaging Stops Working.” As one of the most ingrained savings strategies, dollar-cost averaging is what most workers do for most of their lives, but when entering retirement, the strategy stops paying off.

Fugate writes “While you’re working, dollar-cost averaging is a great way to minimize risk while giving a chance at steady growth. But after you retire, dollar-cost averaging can start working against you.”

Retirement Financial Solutions specializes in holistic retirement planning, helping clients build, protect and preserve their assets so they have financial peace of mind and security throughout their retirement years.

The entire article can be found at http://www.retirementfs.com/articles/when-dollar-cost-averaging-stops-working.php.

Learn more about Retirement Financial Solutions at www.retirementfs.com.

About Bob Fugate

Bob Fugate is the CEO and President of Retirement Financial Solutions. With more than 29 years in the financial services industry, Fugate has honed his expertise as a certified financial Planner Professional (CFP), a Chartered Financial Consultant, a Chartered Life Underwriter, and a Life Underwriter Training Council Fellow Recipient. He is also a member of the National Association of Insurance and Financial Advisors and the Society of Financial Professionals.

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