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.

Show Love for Your Children by Planning for Their Future

One of the things I enjoy most in working with hundreds of client families is the overwhelming joy experienced when they bring a child into this world. It’s difficult to put into words, but there is something about a newborn baby that refocuses and reminds us of what is truly important.  For new parents however, […]

You’re Approaching Retirement and in Debt, Now What?

A Study by the Employee Benefit Research Institute indicated that nearly 70% of retirees have debt and nearly 50% of retirees over the age of 75 are still managing debt. Managing cash flow during retirement is tough enough without also dealing with debt.  As we advise our clients, our goal typically includes retiring all debt […]

50 Rules of Success: Learn When to Say ‘Yes’ and When to Say ‘No’

What follows is the continuation of success habits that will become part of a book I’m writing, “50 Rules of Success”. Everybody starts with the same amount of time.  To accelerate your success, it’s imperative that you become proficient at managing your time in a way that gets you your best results.  As you become […]

The Queen of Soul Made One Big Mistake

Aretha Franklin, the Queen of Soul, had a net worth of approximately $80 million but died without a will. It’s inconceivable that she didn’t take time to draw a last will and testament, particularly since she had been diagnosed with pancreatic cancer.  The result will virtually guarantee her heirs will spend a lot of unnecessary […]

50 Rules of Success: Succeed By ‘Failing Forward’ Fast!

What follows is the continuation of success habits that will become part of a book I’m writing, “50 Rules of Success”. A lot of people never achieve a significant level of success in their lives because they are afraid of failing. They don’t go out for the cheerleading squad or football team; they don’t go […]

50 Rules of Success: Be the Host

What follows is the continuation of success habits that will become part of a book I’m writing, “50 Rules of Success”. Rule:  Be the Host Most people who know me would probably not describe me as shy or a loner.  The truth is that my natural state is a shy person who is perfectly happy […]

Savings Bonds: Know These 5 Things

I received a request last week: “I would like to see something concerning U.S. Savings Bonds on your segment. We have many that we can cash. What is the best way to avoid taxes?” One of our Associate Advisors, Reagan White, prepared this overview: Savings Bonds have been around since the tail-end of The Great […]

Adult Children: Cutting the Cord

How much financial assistance should you provide adult children and for how long?  I’ve had over forty years of observing parents, both wealthy and not, provide various levels of financial support for their children.  First, I must confess, I have no children of my own, so my ‘experience’ comes strictly from my observations and the […]


The $12 Million Roth IRA Strategy

Why is investing in a Roth IRA such a good strategy?  Anytime you can get money into a place where it grows income tax deferred, that’s generally a good strategy.  But if you can avoid income taxes on the growth plus avoid income taxes upon withdrawal, that’s a great strategy.  What makes it even more […]

Children and Money: How Young is Too Young?

A long-time friend of mine asked me my thoughts about how much financial support he should provide for his college-bound daughter.  To her credit and on her own initiative, she took course work to become a licensed massage therapist, enabling her to earn a good living.  In his case, he is in a financial position […]