PWJohnson Wealth and Legacy, LLC
Building Wealth, Expanding Lives
The PWJohnson blog presents a wide variety of financial and investment topics.
Last week somebody asked me the question that most conversations about living off savings start with: How do we get the portfolio to pay us an income without touching the principal? It usually shows up right when a paycheck is ending, which is exactly when it feels most urgent. I understand the instinct. For decades the rule was simple. You …
Continue Reading about When the Paycheck Stops, Where Does the Income Come From?
There is no shortage of troubling news about artificial intelligence: inaccurate answers, privacy concerns, energy use, and the growing influence of large technology companies. Those concerns are real, and they deserve thoughtful attention. But I also want to say this clearly: AI—especially conversational tools such as ChatGPT and Claude—can be …
MARKET NOTES MAY 2026 PWJohnson Wealth & Legacy Crude is above $100, inflation is sticky, and central banks are tightening again — yet equities keep printing records. That looks like complacency. The numbers say otherwise. ~7 min read The …
Kevin Warsh has officially become the new Chair of the Federal Reserve, replacing Jerome Powell at one of the most challenging moments in recent economic history. The Fed announced that Warsh was sworn in on May 22, 2026, and the Federal Open Market Committee unanimously chose him to lead the board. President Trump nominated him on March 4, the …
