The Wealth Equation

Maurice L. Wilson

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INVESTING

A show about time, money, and finding the freedom to spend them how we want.

10/21/2025

Costly Mistakes You Are Making in Your 401k

The Top 3 Mistakes Professionals Make with Their 401(k) Plans — and How to Avoid Them “Getting the most from your 401(k) isn’t just about saving more—it’s about making smarter, more strategic decisions with the opportunities already in front of you.” — Maurice Wilson Welcome to The Wealth Equation Podcast! Hosted by Maurice Wilson, The Wealth Equation helps you uncover the key components of financial success through smart planning, intentional investing, and the right mindset. Each episode breaks down complex money topics into simple, actionable strategies to help you build long-term wealth with confidence. In this episode, Maurice reveals the three biggest mistakes professionals make with their 401(k) plans—and more importantly, how to avoid them. From missing out on free money to overlooking powerful tax-free options, Maurice explains how understanding the structure of your retirement plan can transform your long-term wealth potential. What Was Covered: 1. Missing Out on Free Money Many professionals fail to take full advantage of their employer’s 401(k) match—a major missed opportunity. Maurice breaks down how to identify your company’s matching structure and why contributing enough to get the full match can mean an instant, risk-free 50% return on your money. 2. Ignoring the Roth (Tax-Free) Option Most people stick to traditional 401(k) contributions for the upfront tax break—but that can backfire in retirement. Maurice explains why the Roth 401(k) is a game changer: you pay taxes now, but your money grows tax-free for life. It’s one of the simplest ways to protect your future income from taxes. 3. Putting Too Much in Your 401(k) Yes, there can be such a thing as over-contributing—especially if you’re missing out on other wealth-building opportunities. Maurice discusses why the best investment opportunities (like innovative companies and emerging industries) are often not available through standard 401(k) mutual funds, and how balancing your retirement plan with other investments can unlock greater long-term growth. Key Takeaways: Get the Free Money: Always contribute enough to receive your employer match—it’s essentially a guaranteed return. Go Tax-Free Where Possible: Take advantage of your plan’s Roth option to protect your future wealth from tax burdens. Diversify Beyond the 401(k): Use your 401(k) strategically, but also explore outside investments that offer more flexibility and growth potential. Who Will Benefit from This Episode? Professionals who feel unsure about their retirement plan decisions. Savers who want to optimize their 401(k) contributions. Investors seeking to balance tax savings, growth, and long-term wealth. Connect with Maurice: Stay informed, stay intentional, and keep growing your wealth—one smart decision at a time. 🌐 Website: wilsonwealth.com 💼 LinkedIn: Wilson Wealth 📘 Facebook: Wilson Wealth 📸 Instagram: @WilsonWealth ▶️ YouTube: Wilson Wealth

8 min
10/14/2025

3 Costly Roth RIA Mistakes You Are Making

The 3 Biggest Mistakes People Make With Their Roth IRA "The Roth IRA is one of the most powerful wealth-building tools available—but too many people are missing out on its full potential because they don’t understand how to use it properly." — Maurice L. Wilson Welcome to The Wealth Equation Podcast! Hosted by Maurice L. Wilson, engineer turned financial advisor, this show helps you navigate money, markets, and mindset, breaking down the principles of wealth building so you can create the financial future you deserve. In this episode, Maurice reveals the three biggest mistakes people make with their Roth IRA accounts and how to avoid them. From not opening an account soon enough, to overlooking critical documentation, to misplacing your best investments, he explains how to maximize this tax-free growth vehicle and secure long-term financial success. What Was Covered 1. Not Opening a Roth IRA Early Enough Many people delay opening a Roth IRA and miss out on years of compounding growth and the crucial five-year rule required for tax-free withdrawals. Maurice breaks down why simply opening the account sooner rather than later, can make a major difference in your retirement strategy. 2. Failing to Document Contributions One of the most overlooked aspects of Roth IRAs is proper recordkeeping. Maurice explains how Form 5498, issued by your custodian or brokerage each May, helps you prove contributions and avoid tax headaches when making early withdrawals. 3. Putting the Wrong Investments in the Roth Since withdrawals are tax-free, your Roth IRA should be home to your highest-growth and most speculative investments. Maurice shares how sectors like AI, biotech, and even cryptocurrency can play a smart role in your Roth portfolio to maximize returns over time. Who Will Benefit from This Episode New investors unsure how to set up or fund their first Roth IRA. Seasoned investors who may be missing critical tax or documentation strategies. Anyone looking to make smarter decisions about where to place high-growth investments for long-term, tax-free wealth. Connect with Maurice Stay ahead of market trends, grow your financial knowledge, and master the mindset behind wealth. 🌐 Website: wilsonwealth.com 💼 LinkedIn: Wilson Wealth 📘 Facebook: Wilson Wealth 📸 Instagram: @WilsonWealth ▶️ YouTube: Wealth Equation Podcast For insights, updates, and tools to help you achieve your financial goals, follow along and be part of the Wilson Wealth community.

6 min
09/16/2025

Stop Parking College Money in 529s: Build Wealth Instead

4 Reasons 529 Plans Might Not Build Wealth “Your money is your hardest worker, don’t sideline it just to avoid student loans.” — Maurice Wilson Welcome to The Wealth Equation Podcast! Hosted by Maurice Wilson, engineer turned financial advisor, The Wealth Equation is your trusted weekly resource for mastering personal finance, building wealth, and navigating today’s fast-changing market landscape with confidence. Each episode breaks down complex financial strategies into clear, actionable steps to help you create the financial future you deserve. In this episode, Maurice challenges conventional wisdom about 529 college savings plans. While they’re often touted as the go-to option for parents, Maurice explains why these accounts may actually hinder wealth building if you haven’t yet reached financial independence. He unpacks four major reasons why you should think twice before locking away money in a 529 and explores smarter ways to fund education while keeping your wealth on track. Limiting Your Hardest Worker: Why pulling money out for tuition robs you of compounding growth. Constrained Investment Options: How 529s restrict you to mutual funds and exclude broader opportunities. Lost Flexibility: The value of accounts that let you borrow against investments and create dual uses for your money. Tax Trade-Offs: Why 529s can become tax traps compared to alternative account structures. 🎯 Who This Episode Is For Parents and families working to balance college costs with long-term wealth goals. Professionals striving to hit their first $1–3 million milestone before retirement. Anyone questioning whether conventional financial tools truly serve their wealth journey. Stay ahead of market shifts, grow your financial knowledge, and learn strategies that go beyond tradition to help you build lasting wealth. 🌐 Website: wilsonwealth.com 💼 LinkedIn: Wilson Wealth 📘 Facebook: Wilson Wealth 📸 Instagram: @WilsonWealth ▶️ YouTube: @WealthEquationPodcast For insights, updates, and tools to help you achieve financial independence, follow along and become part of the Wilson Wealth community.

26 min
09/08/2025

High Income Individuals Going Broke: Here are 3 Reasons

Earning six figures doesn’t guarantee wealth—what you do with that income determines your financial future." — Maurice Wilson In this episode, Maurice dives into the surprising truth about high-income earners, why doctors, lawyers, engineers, executives, and business owners often find themselves broke despite big paychecks. He unpacks the three biggest mistakes they make and shares how to shift from simply earning money to actually keeping and growing it. Not Saving Enough: Why relying only on 401(k) limits set by the government keeps you stuck. Lifestyle Creep: How overspending to “keep up” silently erodes wealth. Income vs. Wealth: The critical difference most people miss—and how to correct it. High-income professionals earning $150K+ who still feel financially stuck. Doctors, lawyers, and executives wanting to build wealth beyond their paycheck. Business owners and entrepreneurs struggling with cash flow despite revenue. Anyone eager to turn income into lasting financial independence. Stay ahead of market trends, grow your financial knowledge, and build lasting wealth with the right strategies and mindset. 🌐 Website: wilsonwealth.com 💼 LinkedIn: Wilson Wealth 📘 Facebook: Wilson Wealth 📸 Instagram: @WilsonWealth ▶️ YouTube: @WealthEquationPodcast

24 min
09/02/2025

The 4 Things Rich People Do Differently

"At the end of the day, whether inherited or earned, the fact remains: business ownership, real estate, and large investment portfolios are why the rich stay rich." — Maurice Wilson Intro: Welcome to The Wealth Equation Podcast! Hosted by Maurice Wilson, The Wealth Equation is your trusted weekly resource for mastering personal finance, building wealth, and navigating today's fast-changing market landscape with confidence. Each episode transforms complex financial topics into clear, actionable strategies to help everyday investors thrive. Episode Summary: In this episode, Maurice Wilson, engineer turned financial advisor with 21+ years of experience, breaks down the real differences between how the wealthy build and sustain wealth compared to the average investor. From owning businesses that tap into the economic cycle to scaling real estate portfolios and building million-dollar investment accounts, Maurice reveals the exact strategies that separate the wealthy from everyone else. He also shares one simple but powerful mindset shift, the willingness to “do something crazy” and go against the grain, that has opened doors for countless successful people. What Was Covered: Business Ownership: Why owning a piece of the economic cycle is the foundation of long-term wealth. Real Estate Portfolios: How scaling beyond 1–3 properties creates sustainable cash flow and wealth. Investment Accounts: Why the wealthy target multimillion-dollar portfolios for freedom and security. Highly Compensated Careers: How CEOs, athletes, and professionals leverage big incomes into lasting wealth. The “Crazy” Factor: The bold, unconventional moves that open doors to new opportunities. Who Will Benefit from This Episode? Aspiring entrepreneurs seeking to understand wealth-building fundamentals. Investors looking to grow beyond their first few properties. High-income earners who want to transition from income to true wealth. Anyone ready to challenge conventional wisdom and think differently about money. Connect with Maurice: Stay ahead of market trends, grow your financial knowledge, and build lasting wealth with the right strategies and mindset. 🌐 Website: wilsonwealth.com 💼 LinkedIn: Wilson Wealth 📘 Facebook: Wilson Wealth 📸 Instagram: @WilsonWealth ▶️ YouTube: @WealthEquationPodcast 📰 Subscribe to The Wealth Equation Newsletter: bit.ly/wealthequationnews For insights, updates, and tools to help you achieve your financial goals, follow along and become part of the Wilson Wealth community.

15 min
08/25/2025

Investing Late: How to Build Wealth If You’re Starting in Your 30s or 40s

“Is it too late to start investing if you’re in your late 30s or 40s? In this episode, Maurice breaks down strategies for catching up, showing you how discipline, smart choices, and time-tested wealth-building principles can still secure your financial future.” — Maurice Wilson Welcome to The Wealth Equation Podcast, hosted by Maurice Wilson, where we demystify markets and deliver wealth-building strategies you can apply today. Whether you’re navigating real estate, entrepreneurship, or the stock market, each episode arms you with the tools to build smarter, faster, and stronger financial outcomes. In this episode, Maurice tackles one of the biggest fears people have: starting late. If you feel behind on investing, retirement savings, or building wealth, this conversation will give you both clarity and hope. Drawing from his experience as an engineer turned financial advisor, Maurice explains why it’s never too late, what strategies actually work when time feels short, and how to leverage discipline and compounding to close the gap. What Was Covered: The Myth of Starting Early: Why “40 under 40” lists create unnecessary pressure. Late Bloomers in Business: How many successful entrepreneurs didn’t start until their 40s. Catching Up on Retirement: Practical strategies to accelerate your savings and investments. Wealth Equation Perspective: Why consistency, not age, is the ultimate driver of financial growth. Mindset Shifts: Moving past fear, guilt, and comparison to focus on progress. Who Will Benefit from This Episode? Professionals in their 30s and 40s who feel “behind” on investing. Parents balancing kids, careers, and late-start retirement planning. Entrepreneurs or career-changers starting fresh later in life. Anyone who’s delayed investing and needs a realistic, actionable path forward. Connect with Maurice: 🌐 Website: wilsonwealth.com 💼 LinkedIn: Wilson Wealth 📘 Facebook: Wilson Wealth 📸 Instagram: @WilsonWealth ▶️ YouTube: @WealthEquationPodcast 📩 Subscribe to The Wealth Equation Newsletter: bit.ly/wealthequationnews For insights, updates, and tools to help you achieve your financial goals, follow along and be part of the Wilson Wealth community.

20 min
08/18/2025

Pay off Debt or Invest

“How do you decide whether to pay off debt or invest your money? In this episode, Maurice breaks down the key factors that influence this decision—from interest rates and student loans to wealth-building strategies that put your money to work.” — Maurice Wilson Welcome to The Wealth Equation Podcast, hosted by Maurice Wilson—where we demystify markets and deliver wealth-building strategies you can apply today. Whether you’re navigating real estate, entrepreneurship, or the stock market, each episode arms you with the tools to build smarter, faster, and stronger financial outcomes. In this episode, Maurice tackles one of the most common financial dilemmas: should you focus on eliminating debt first, or start investing early? Drawing from 20 years of experience as an engineer-turned-financial-advisor, he explains the trade-offs, mindset shifts, and strategies that help you choose the right path for your unique financial situation. What Was Covered: The Debt vs. Invest Dilemma: Why this is one of the most asked questions in personal finance. Interest Rates & Opportunity Cost: How math—not just emotion—should guide your decision. Student Loans & Credit Cards: The impact of different types of debt on wealth-building. The Wealth Equation Perspective: Why timing and discipline matter more than quick fixes. Practical Guidelines: How to balance paying down debt while still investing for growth. Who Will Benefit from This Episode? Young professionals juggling student loans and their first investments. Entrepreneurs managing business debt alongside personal financial goals. Anyone unsure whether to prioritize debt freedom or financial growth. Connect with Maurice: 🌐 Website: wilsonwealth.com 💼 LinkedIn: Wilson Wealth 📘 Facebook: Wilson Wealth 📸 Instagram: @WilsonWealth ▶️ YouTube: @WealthEquationPodcast 📩 Subscribe to The Wealth Equation Newsletter: bit.ly/wealthequationnews For insights, updates, and tools to help you achieve your financial goals, follow along and be part of the Wilson Wealth community.

12 min
08/11/2025

Traditional 401k Vs Roth 401k

The Hidden Tax Time Bomb in Your 401k—and How to Avoid It "Death and taxes may be certain—but the size of your tax bill doesn’t have to be." — Maurice Wilson Welcome to The Wealth Equation Podcast! Hosted by Maurice Wilson, The Wealth Equation is your trusted weekly resource for mastering personal finance, building wealth, and navigating today’s fast-changing market landscape with confidence. Each episode transforms complex financial topics into clear, actionable strategies to help everyday investors thrive. In this episode, Maurice exposes one of the most overlooked threats to your retirement savings: the 401k tax time bomb. While most people focus on growing their retirement account balance, they forget the IRS is silently waiting for its share—and that share could grow much larger in the future. Maurice explains why tax rates are likely to rise, how that impacts your 401k withdrawals, and practical steps you can take now to protect your nest egg from a massive future tax hit. What Was Covered: The Tax Time Bomb: Why traditional retirement accounts like 401ks could lead to unexpected and avoidable tax bills in retirement. Rising Tax Risk: The economic and demographic trends that point toward higher tax rates in the coming years. Smart Tax Planning: Strategies to minimize future taxes, including Roth conversions, tax diversification, and timing withdrawals wisely. Common Misconceptions: Why “saving in a 401k” isn’t always the most tax-efficient retirement strategy. Action Steps: How to start protecting your retirement savings today without sacrificing growth potential. Who Will Benefit from This Episode? Pre-retirees who want to keep more of their hard-earned money in retirement. Investors looking for tax-smart strategies to protect and grow wealth. Anyone with a 401k, IRA, or other tax-deferred retirement account. Connect with Maurice: Stay ahead of market trends, grow your financial knowledge, and build lasting wealth with the right strategies and mindset. 🌐 Website: wilsonwealth.com 💼 LinkedIn: Wilson Wealth 📘 Facebook: Wilson Wealth 📸 Instagram: @WilsonWealth ▶️ YouTube: Wilson Wealth Subscribe to The Wealth Equation Newsletter: bit.ly/wealthequationnews For insights, updates, and tools to help you achieve your financial goals, follow along and be part of the Wilson Wealth community.

19 min

5

out of 5

2 Ratings

A show about time, money, and finding the freedom to spend them how we want.

Creator

Maurice L. Wilson
Years Active

2019 - 2025
Episodes

30
Rating

Clean
Copyright

© Copyright 2019 All rights reserved.
Show Website

The Wealth Equation