Money for Boomers: Richer Than Our Parents, Broker Than Our Kids Think

Money. The universal scam we all agreed to play along with. My parents hid from creditors like it was an Olympic sport, I grew up broke-but-hopeful, and now at 62 I still check my bank balance like I’m cutting the red wire on a bomb. Boomers are supposed to be the “richest generation,” but half of us are one medical bill away from raiding the Folgers can again.

So how the hell did we get here? Recessions, 18 percent mortgages, gurus screaming about lattes, and kids who think avocado toast started in 2015. I lay it all out in my latest piece: equal parts truth bomb and therapy session, with just enough sarcasm to keep you from crying into your 401k statement.