Kiyosaki: ‘Biggest’ stock market crash arrived, ETFs are ‘fake’ Robert Kiyosaki, the “Rich Dad Poor Dad” author, has stated that the “biggest stock market crash” he predicted in his 2014 book “Rich Dad’s Prophecy” has now arrived In a recent X tweet, the financial guru highlighted what he sees as a fundamental vulnerability in modern retirement systems. Kiyosaki contrasted today’s Defined Contribution (DC) pension plans like 401(k)s and IRAs with the more secure Defined Benefit (DB) plans of previous generations.crypto.news
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Kiyosaki: ‘Biggest’ stock market crash arrived, ETFs are ‘fake’
Vignesh Karunanidhi
By Vignesh Karunanidhi
Mar 10, 2025 at 12:24 AM GMT+5
Anthony Patrick
Edited by Anthony Patrick
News
Kiyosaki: ‘Biggest’ stock market crash arrived, ETFs are ‘fake’
Robert Kiyosaki, the “Rich Dad Poor Dad” author, has stated that the “biggest stock market crash” he predicted in his 2014 book “Rich Dad’s Prophecy” has now arrived.
In a recent X tweet, the financial guru highlighted what he sees as a fundamental vulnerability in modern retirement systems. Kiyosaki contrasted today’s Defined Contribution (DC) pension plans like 401(k)s and IRAs with the more secure Defined Benefit (DB) plans of previous generations.
IN Rich Dads Prophecy, published in 2014 I predicted the biggest stock market crash was still coming.
Unfortunately that crash has arrived….possibly wiping out the futures of millions of baby boomers
World wide.
US Baby boomers are the first generation with a 401k and…
— Robert Kiyosaki (@theRealKiyosaki) March 9, 2025
“In a market crash… a DB pension plan must pay as promised to the investor. In a market crash… a DC pension plan is only required to pay what the investor has contributed… only if anything is left after a market crash,” Kiyosaki explained. #qasimmughal