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ME GENERATION PORES OVER 401K STATEMENTS, GETS MAD:

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ME GENERATION PORES OVER 401K STATEMENTS, GETS MAD
FT Alphaville's Stacie-Marie Ishmael parses a report from BNP Paribas on how the financial crisis has affected baby boomers. "First order of business: quantifying the boomers’ lost wealth in economic terms and discussing how households are responding."

The gist of the report? It's been horrible! The worst financial crisis ever to impact a generation in the history of all finance anywhere in the universe because we just can't believe this is happening to us, the Me Generation! Relax, we kid.

According to the report, there is actually a very simple solution:

- Save more.
- Work longer.
- Turn on.
- Tune in.
- Drop out.
SOURCE:   FT Alphaville

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