How Much You Need to Save Annually to Build Your Own Wealth (and Where to Stash That Cash)

In my financial planning practice, most of our clients are young (in their 30s and 40s), making good incomes (usually $200,000 or more as a household), and ambitious with their savings goals (like the ability to choose whether or not they work at least a decade before they hit the official retirement age of 67). They're also "first generation wealth builders," meaning they're the first in their families to actually have the ability to create and generate significant wealth in their lifetimes.

In other words, they weren't born wealthy -- and they can't count on a big inheritance coming down to them later in life. They need to