I took all my points on magicka and I also started with joining the College of Winterhold to help me become better with magic.
I plan on later to join the Dark Brotherhood and I have learned that Illusion is all you need with Conjuration to summon Bound Bow or Bound Sword to do your assassinations quietly.
I also have Destruction that I really enjoy.
And then Alteration! Yes, the Detect Life and Paralyze from the Alteration school is really nice for a caster that sneaks around I think.
Also the armor you get from Alteration plus perks really helps out when you only wear cloth as a Mage type of character.
So my advice to you is to take Alteration for the hard times where sneaking won't work or that you are just in the mood of being all "out there".

I don't see any point in taking perks in Sneak if you have Illusion because if your sneaking fails, you can always Calm them and they will forget that you were ever there.
I hope this helped you a bit, if so..
Tell me.
If not, good luck
