The author of Rich Dad, Poor Dad, Robert Kiyosaki, has shared a very serious concern. He says that millions of older Americans—the Baby Boomers—might lose all their money because rising prices (called inflation) are destroying their savings and retirement funds.
💬 "Older people don't have enough money to handle inflation," Kiyosaki warns.
"We are going to see a lot of people without homes. Inflation is going to destroy Social Security—your parents could end up on the street."
Who's to Blame? The Federal Reserve
Kiyosaki puts the blame squarely on the Fed (The Federal Reserve Bank of the U.S.). He says they are creating "fake money" by printing too much. This makes the rich wealthier, but it makes life much harder for everyone else.
"When they print fake money, the price of things like houses goes up—but everyone else just has to deal with much higher everyday costs."
The Problem for Boomers
This generation, once thought to be very lucky, is now caught in a trap of increasing costs and less reliable support.
The prices for homes, power/gas, and medical care are rising faster than the Social Security checks can keep up, which is destroying their life savings.
Kiyosaki's Solution: Get Out of the System
He advises that the only way to protect yourself is to stop relying on paper money and instead own real assets—things that hold their value. This includes gold, silver, Bitcoin, real estate, and businesses that bring in steady cash.
"The financial system is failing. Don't trust fake money. Own real things that can survive the bad times."
Final Thought
This is a serious reminder. Inflation is happening, the middle class is struggling, and there is not much time left to get ready.
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