I read the opening paragraphs of this article and got palpitations: "Boomers lost a significant chunk of their retirement nest eggs in the recession, but it was members of Generation X who were really hit the hardest, according to a report released Thursday. "If they don't start paying off debt and saving more, Gen Xers (those between the ages of 38 and 47) and younger Boomers (those in their late 40s to mid-50s) are on track to retire financially worse off than the generations before them..." I am a Gen Xer! Reading on, I realised the author was referring to Americans. Whew! That is a relief! However, what was described in the article could happen to Singaporeans too. Don't be too complacent. Things look rosy here now but it wasn't too long ago when they weren't. I know friends who think that Singapore's economy will continue to boom and investing ......