Featured post:
The Mega Backdoor Roth: A Powerful Strategy for Solo Business Owners
If you’re self-employed or a business owner with no full-time employees—and you’re drawn to the long-term advantages of Roth-style retirement savings—the mega backdoor Roth strategy may be one of the most valuable financial tools at your disposal. What is the… Read Now >>
What Should You Be Spending Money On for a More Enriching Life?
July 17, 2019
This month on the Illumination Wealth Blog, we’re talking about how to find financial balance. It’s all about ways to enjoy your lifestyle now while still saving for your future. It sounds simple, but it is often easier said than… Read Now >>
How You Can Save More Money Without Changing Your Lifestyle
July 10, 2019
On the Illumination Wealth Blog, we’ve talked a lot about how to save more money for the future, building up investments for an early retirement and managing wealth to achieve financial independence. However, we don’t want to ignore the fact… Read Now >>
5 Ways to Reduce Your Retirement Plan Cost and Save Millions
July 3, 2019
As we’ve been discussing these past several weeks, you have more options than you realize when it comes to setting up a retirement plan for your business. Whether you go with a traditional 401(k), a SIMPLE IRA or Cash Balance Plan,… Read Now >>
Episode 29: Who’s Got Your Financial Back?
June 28, 2019Who’s got your back? That is one of the most important questions you must answer when it comes to navigating the terrain of personal finance. “Fiduciary” is a word getting a lot of play as of late in the financial… Read Now >>
How You Can Raise Capital for Your Business Through Self-Directed IRA Investors
June 26, 2019
We’ve been talking about retirement plans for investors all month long on the Illumination Wealth Blog. We’ve looked at SIMPLE IRAs and Cash Balance Plans as alternatives to traditional 401(k) plans. In this article, we’d like to talk more about… Read Now >>
Episode 28: The KPIs of Wealth Management
June 21, 2019Unless you own a business you’ve probably never heard of the acronym “KPI”. You may even think we are talking baseball. KPI stands for Key Performance Indicator. KPIs are the critical (key) indicators of progress toward an intended result. No… Read Now >>
The Cash Balance Plan – A Major Retirement Plan for Professionals
June 19, 2019
We’re all familiar with 401(k) and Simplified Employee Pension (SEP) plans as the most common retirement plan options, then there others like SIMPLE IRAs that are popular for certain business owners. However, there is another retirement savings solution that certain… Read Now >>
Episode 27: Is Your Financial Vision Blurry?
June 14, 2019There’s a huge difference between having an opinion on the markets and having a crystal clear game plan on how to manage your wealth. If you want to create enduring wealth, your financial vision cannot be blurry. We have seen… Read Now >>
Is a SIMPLE IRA or 401(k) Better for My Business?
June 12, 2019
When setting up a retirement plan for your business, you have options. In most cases, it will come down to a choice between a 401(k) and a SIMPLE IRA. As with most big financial decisions, there will be pros and… Read Now >>
Episode 26: A New, Powerful Movie on Financial Independence
June 7, 2019On this episode, our host Matt shares his experience playing a behind the scenes role in powerful new movie called Playing with Fire. The movie premiered to a sold out theater in San Diego this past weekend. Playing with Fire… Read Now >>
