We present a study of the stellar content of the open cluster M67. We have computed new evolutionary sequences of stellar models with solar abundance that cover all phases of evolution from the Zero-Age Main Sequence to the bright end of the Asymptotic Giant Branch (AGB). We examine the fit between the calculated and the observed red giant branch (RGB) in particular, and discuss factors that most influence its quality. The distinct color gap between the RGB and the clump giants is compared with the temperature gap between the He-burning tracks and the computed 5 Gyr isochrone. This purely differential approach strongly indicates that the clump giants have M $\lta 0.70\msun\ $, implying an amount of mass loss ($\approx 0.6$ \msun) well in excess of that found in globular cluster stars. Observational constraints on mass loss processes favor the interpretation that mass loss in cool low-mass giant stars increases with metallicity.
Comment: 21pp., plain TeX astro-ph/yymmnnn