The little old lady from Pasadena, she was an icon. And Beverly Hills, Palos Verdes, Westchester and beyond all had their days as paradise for the blue-haired masses.

But those masses might be living on borrowed … credit.

A study of America's 30 largest metropolitan areas finds this week that L.A. people “are the most ill-prepared folks for retirement,” according to Forbes.

Maybe its the taxes that that drain our wallets or the spend-it-now culture of our fine city. Or possibly it's just that we live for today, rock-'n'-roll-on-the-Sunset-Strip-style.

Whatever the case, Amerprise Financial, which conducted the study, concluded that we rank last in terms of saving money for our so-called golden days.

According to Forbes:

Los Angeles ranked at the bottom, with more than 40% of respondents saying they hadn't salted away a single dime, and one-third saying they hadn't really thought about retirement.

Grandma always did drive cool cars. Oh well.

Those frugal Midwesterners in Minneapolis-St. Paul, by the way, are the most well-prepared for the end of working life.

Rock on.

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