The Welch Group
Stewart Welch, CFP

Welch Group founder and managing partner Stewart Welch III, AEP, CFP® and other firm partners provide a weekly financial column for via The Birmingham News. All of the columns are archived here for your reading pleasure. Mr. Welch has co-authored numerous books and regularly appears on various TV and radio shows including FOX 6 (Birmingham, AL), CNN (NY), Fox News Network (NY), CNBC (NJ), and is often quoted in national press including The Wall Street Journal, Fortune, Money and

If you have a financial question to be answered in the weekly column, fill out this form. Consult your own professional legal, tax or financial advisor before acting upon this advice.

7 Reasons to Downsize Your Home Before Retirement

Many parents have a lot of emotional attachment to the home where they raised their children.  There are so many memories associated with virtually every room in the home, the yard, the neighborhood.  But the home that was big enough for your family is likely much larger relative to your needs in retirement.  What has […]

Will Your Children Have Your Family Values?

In my latest book, “J.K. Lasser’s New Rules for Estate, Retirement & Tax Planning- 6th Edition” (published January 2019), I discuss a strategy for passing along your family values to your children. If you have young children, I know you feel your first responsibility is to provide for their basic support including food, shelter, clothing […]

How Would You Define Rich?

You know someone who has a very nice home and fancy cars and you think, “They must be rich”.  But are they really rich?  And how would you define rich?  Is rich and wealthy the same thing? Too many people confuse a high income with being rich or wealthy.  There are a lot of people […]

Financial Planning for Millennials

After 40+ years in the financial services industry, I’ve been able to work with many different individuals and families from all walks of life. Coming from the Baby Boomer generation, I’ve seen and dealt with most of the financial planning challenges of my generation. The Millennial generation has a different set of challenges and different […]


Roth or Traditional IRA: Which is Best?

Last week our discussion centered on your Financial Checklist for the New Year and included making both your 2018 and 2019 contributions to either a Traditional IRA or Roth IRA as soon as you’re able…hopefully this month.  If you’re ready to make that investment or at least set up a monthly auto-investment plan for one […]

Financial Checklist for the New Year

The New Year always gives us a sense of new beginnings and an opportunity to create positive results for ourselves, family, friends and community.  It’s the perfect time to reset the course of our financial lives.  Here’s a checklist of things you should consider: ⃝ Traditional or Roth IRA contribution for 2018.  If you’re eligible to […]

Investing for 2019

As investors, we’re pretty happy to see 2018 come to an end.  This has been a year marked by stock market volatility for numerous reasons including trade wars, rising interest rates, Brexit, etc.  The big question is, “What’s in store for 2019 and what should I (as an investor) do about it?  Here’s what some […]

5 Goals for 2019 That Will Change Your Life

How good do you feel about what you’ve accomplished over the past twelve months?  How about the past 5 years?  A lot of people find themselves caught in the cycle of living day-by-day only to wake up a year or more later with not a lot to show for it.  If that’s you, start with […]

I Can Predict Your Financial Future

After thirty-something years working with people and their finances, I have developed an uncanny ability to predict their financial future…usually after as little as a five-minute visit.  I can even do it if I’ve never met you.  Here are my predictions for your success in 2019: I predict… that if you set financial goals for […]

Christmas is the Time for….

Giving.  The Birmingham region has a national reputation as one of the most generous giving communities in the country.  United Way of Central Alabama annual fund raising consistently ranks tops in the nation and exceeds the giving of many cities much larger than Birmingham. As we put Thanksgiving behind us and approach Christmas and all […]