[quote=bearishgurl]
Perhaps it is the currently-overextended Gen X crowd who is vocal about their future plans for “suicide” on the blogs. You know … the ones approaching age 50 in the coming years who have spent themselves down the drain for decades?[/quote]

Yes. On most of the comments I’ve seen they were from over-extended Gen X & Y groups that feel like they have no hope as they are so far in debt. Obviously they probably have some other issues if they are talking suicide but I have some clients that admitted to me that they had relatives that committed suicide over financial issues. Also, I have a friend that also had a brother commit suicide once he lost all his money.

I do see the biggest problem with the X & Y group that is over leveraged and seem to spend as much as they make and have no or negative net worth. I’m not sure what the future holds for these type of people.

I’m not so sure however that all the Boomers are in as good of a situation as you and your friends.