Sunday, March 29

Robert Kiyosaki warns boomers don’t have enough to stay off the streets. Secure your nest egg


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America’s baby boomers are often seen as the lucky ones — the generation that bought homes before prices soared, rode decades of stock market growth and built their careers in a less cutthroat job market than what many face today.

But according to Rich Dad Poor Dad author Robert Kiyosaki, those golden years may soon lose their luster and put some older Americans out on the street.

In an appearance on The Iced Coffee Hour podcast, Kiyosaki issued a blunt warning: America’s boomers will face a wave of homelessness — and he’s placing the blame squarely on one institution (1).

“The reason we have homelessness today is because we have a Federal Reserve bank — it’s a criminal organization,” he said. “Look how homelessness is exploding. People can’t afford homes.”

Kiyosaki argued that by printing fiat currency, the Federal Reserve fuels price increases that make everyday life harder for ordinary Americans. He noted that Social Security isn’t enough on its own, and that, “we’re going to get wiped out via inflation.”

When coupled with market uncertainty, many boomers might not be as safe as they think.

“When you print fake money, which this stuff is, you make life harder on people,” he said, holding up a pair of U.S. dollar bills.

He went on to explain that printing money disproportionately benefits asset owners at the expense of the poor and middle class.

“So if you own a house and you print money, you feel, oh, the price of my house went up. But the average person sees the price of chicken and eggs and yogurt goes up and — and inflation wipes them out.”

Here’s a closer look at why Kiyosaki is making these gloomy predictions, and how you can protect yourself.

Kiyosaki is no stranger to making these kinds of warnings.

Recently, he issued another grim warning about economic collapse on X — but this time, with a silver lining.

“Time to get rich?” he wrote in March 2026 (2).

“When the bubbles go bust I predict gold will hit $35,000 an ounce one year after the gold bubble goes pop. I predict silver to hit $200 an ounce a year after the bust. I predict Bitcoin will hit $750,000 a coin a year after the crash.”

While not all of Kiyosaki’s predictions come true, he did predict the sharp uptick in gold prices, writing on X in 2023 that gold and silver would hit $3,700 and $60 per ounce, respectively (3).

At their peak, the price of gold hit $5,608.35 per ounce (4) and silver $121.64 per ounce (5).

So, when he makes predictions, it might pay to listen. But, given recent pullbacks in the spot price, you may want to consider timing your own exit.

Read More: I’m almost 50 years old and don’t have retirement savings. Is it too late?

The main object of Kiyosaki’s pessimism is the Federal Reserve.

For example, after news broke that the Department of Justice had opened a criminal investigation into the Fed’s $2.5 billion headquarters renovation, he posted on X: “Yay: it’s about time (6).”

Calling Chair of the Federal Reserve Jerome Powell a “criminal counterfeiter,” Kiyosaki argued the Federal Reserve’s policies are “Marxist” because it’s a centralized bank.

“The creation of the Fed in 1913 and brought with it the 16th Amendment … a.k.a. Income tax,” he claimed in an X post from January 2026.

“Up until the creation of the Fed, America was a tax free nation. America was founded on a tax revolt known as the Boston Tea Party in 1773. Then came the Fed in 1913,” he added.

While Trump’s contempt for the central bank chair seemingly stems from his unwillingness to cut rates aggressively, Kiyosaki has a different view. After the third interest rate cut by the Fed in late 2025, Kiyosaki hinted that the cuts might lead to hyperinflation.

In a post on X from December 2025, he wrote, “The FED lowered interest rates … signaling QE (quantitative easing) or turning on the fake money printing press … What Larry Lepard calls ‘The Big Print’ the title of his great book. This will lead to Hyper-Inflation … making life very expensive for the unprepared (7).”

Since those cuts in late 2025, the Fed has maintained the same interest rates, although some officials stated they expect cuts in the future (8).

Kiyosaki may also be right that life is about to get even more expensive.

Since the U.S. declared war on Iran, several top economists have suggested that stagflation is the next stop for the country’s economy.

One prominent, Nobel Prize-winning economist even predicted it would happen before war broke out. Paul Krugman wrote in his Substack, “[Fed chair] Powell says that the economy’s troubles weren’t severe enough to be called stagflation. But things were looking a bit, well, stagflationish (9).”

Krugman contradicts President Trump’s statements that the Strait of Hormuz will be reopened soon, and instead supports the theory that oil prices are likely to skyrocket (10).

This pessimism is echoed in the job market, as the U.S. lost 92,000 jobs in February (11). The overall unemployment rate has also ticked up from 4.3% to 4.4%, and some analysts are predicting it could get worse.

“It really illustrates how fragile the economy is on the labor market side of it,” Diane Swonk, chief economist at KPMG US, said to CNN in an interview (11).

“The labor market weakness that we had seen emerge last year has not completely abated,” she added. “We had a labor market that nearly froze last year, and it seemed to show some signs of thawing, which made it slushy at best.”

She also noted that the health care industry posted a loss of 28,000 jobs. This industry, which Swonk called the “one-legged stool” of the job market, was responsible for most of the job growth in the country in 2025.

Meanwhile, Kiyosaki is particularly concerned about baby boomers — his own generations. Born in 1947, he is among the earliest baby boomers — a generation typically defined as those born between 1946 and 1964. And he believes his peers will be especially vulnerable.

“The boomers don’t have enough money to get through inflation. The boomers are going to be homeless all over the place,” he said on The Iced Coffee Hour podcast.

“So mark my words, I’m the first of the boomers,” he added. “Your mommy and daddy may be on the street because inflation is going to wipe out their Social Security.”

His concerns tap into a very real issue. While Social Security Administration benefits are adjusted annually for inflation, many experts note that these cost-of-living adjustments often fall short of the rising expenses older Americans face — especially for housing and health care (12).

And even those benefits aren’t guaranteed at current levels forever. The Social Security trust fund reserves are projected by the Social Security Administration to become insolvent in 2035 — and possibly even sooner. Without congressional action, taxes are estimated to pay for only 75% of scheduled benefits by 2035 (13).

The good news? Kiyosaki also shared the assets he believes can stand strong against inflation, money printing and more.

Kiyosaki has long been a vocal advocate for gold. His reasoning is straightforward: “I’m not buying gold because I like gold, I’m buying gold because I don’t trust the Fed,” he said in an interview from 2021 (14).

Indeed, the yellow metal is a natural hedge against inflation — unlike fiat currencies, it can’t be printed at will by central banks. Gold is also widely considered the ultimate safe haven asset. It’s not tied to any one country, currency or economy, and in times of economic turmoil or geopolitical uncertainty, investors often flock to it — driving prices higher.

And Kiyosaki has been hoarding the metal: “I have boxes of gold. I own gold mines,” he revealed (14).

He’s not alone in this stance. Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, told CNBC that “people don’t have, typically, an adequate amount of gold in their portfolio,” adding that “when bad times come, gold is a very effective diversifier (15).”

If you’re looking for a way to get in on the gold rush, one way to invest in gold that can also provide significant tax advantages is to open a gold IRA with the help of Priority Gold.

Gold IRAs allow investors to hold physical gold or gold-related assets within a retirement account, which combines the tax advantages of an IRA with the protective benefits of investing in gold, making it an attractive option for those looking to potentially hedge their retirement funds against inflation and economic uncertainty.

Plus, if you’d like to convert an existing IRA into a gold IRA, Priority Gold offers 100% free rollover, as well as free shipping and free storage for up to five years. Qualifying purchases can also receive up to $10,000 in free silver.

To learn more about how Priority Gold can help you reduce inflation’s impact on your nest egg, download their free 2026 gold investor bundle.

Gold isn’t the only asset that Kiyosaki is championing, however. He has been a long-standing supporter of cryptocurrencies.

“I invest in Bitcoin and Ethereum knowing they can boom and bust, because the Fed, the US Treasury, nor Buffet can produce Bitcoin or crypto,” Kiyosaki stated in an X post from November 2025, adding, “Bitcoin increases in value as the US dollar goes down in purchasing power (16).”

But for some, especially older investors, investing in cryptocurrencies might seem complicated, or even overwhelming. But these days, it’s becoming easier than ever to move into this alternative asset class.

So, if you’re looking to diversify beyond traditional stocks and ETFs, Robinhood Crypto lets you buy and sell cryptocurrencies with as little as $1.

With some of the lowest trading costs on average in the U.S., you could end up with up to 2.7% more crypto compared to other platforms.

Robinhood Crypto makes it easy to make investing a habit with recurring buys on a fixed schedule, while giving you access to all your favorite coins — from Bitcoin and Ethereum to Solana, Dogecoin, XRP and more.

You can also transfer crypto securely to other wallets, set custom price alerts, track market trends and manage your portfolio all in one place.

Robinhood ensures the security of your cryptocurrency is a top priority, with the majority of coins held in offline cold storage. Robinhood also carries crime insurance against theft and cyber breaches, and 24/7 customer support is available if you need help.

In addition to gold and cryptocurrencies, you can always go for one of the tried-and-true assets: Real estate can often be a powerful hedge during inflationary times.

When inflation rises, property values often increase as well, reflecting the higher costs of materials, labor and land. At the same time, however, rental income tends to go up, providing landlords with a revenue stream that adjusts for inflation.

Kiyosaki is also no stranger to this asset class.

In a post on X, Kiyosaki laid out the steps he believes individuals can take to brace for a recession — and highlighted real estate’s income-generating power (17).

“I have always recommended people become entrepreneurs, at least a side hustle and not need job security. Then invest in income-producing real estate, in a crash, which provides steady cash flow,” he wrote.

Today, you don’t need to be as wealthy as Kiyosaki to get started in real estate investing. Crowdfunding platforms like Arrived offer an easy way to get exposure to this income-generating asset class.

Backed by world-class investors, including Jeff Bezos, Arrived allows you to invest in shares of vacation and rental properties, earning a passive income stream without the extra work that comes with being a landlord of your own rental property.

To get started, simply browse through their selection of vetted properties, each picked for their potential appreciation and income generation.

Once you choose a property, you can start investing with as little as $100, potentially earning quarterly dividends.

If diversifying into multifamily and industrial rentals appeals to you, you could consider investing with Lightstone DIRECT, a new investing platform from the Lightstone Group, one of the largest private real estate companies in the country with over 25,000 multifamily units in its portfolio.

Since they eliminate intermediaries — brokers and crowdfunding middlemen — accredited investors with a minimum investment of $100,000 can gain direct access to institutional-quality multifamily opportunities. This streamlined model can help reduce fees while enhancing transparency and control.

And with Lightstone DIRECT, you invest in single-asset multifamily deals alongside Lightstone — a true partner — as Lightstone puts at least 20% of its own capital into every offering. All of Lightstone’s investment opportunities undergo a rigorous, multi-stage review before being approved by Lightstone’s Principals, including Founder David Lichtenstein.

How it works is simple: Just sign up with your email, and you can schedule a call with a capital formation expert to assess your investment opportunities. From here, all you have to do is verify your details to begin investing.

Founded in 1986, Lightstone has a proven track record of delivering strong risk-adjusted returns across market cycles with a 27.6% historical net IRR and 2.54x historical net equity multiple on realized investments since 2004. All told, Lightstone has $12 billion in assets under management — including in industrial and commercial real estate.

As such, even if multifamily rentals don’t appeal to you, Lightstone could still serve you well as an investment vehicle for other real estate verticals.

Get started today with Lightstone DIRECT and invest alongside experienced professionals with skin in the game.

Finally, if you struggle to manage your money, or you just want help figuring out the best path for your fortune, a financial advisor can help crunch the numbers and build a plan that works.

But hiring an advisor can be a lifelong commitment, which might make or break your retirement. That’s why finding reliable advisors is crucial.

That’s where Advisor.com can come in. The platform connects you with an expert near you for free.

Advisor.com does the heavy lifting for you, vetting advisors based on track record, client ratios and regulatory background. Plus, their network comprises fiduciaries, who are legally required to act in your best interests.

Just enter a few details about your finances and goals, and Advisor.com’s AI-powered matching tool will connect you with a qualified expert best suited for your needs based on your unique financial goals and preferences.

Finding the right advisor isn’t always easy — there’s no one-size-fits-all solution. That’s why Advisor.com lets you set up a free initial consultation with no obligation to hire to see if they’re the right fit for you.

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We rely only on vetted sources and credible third-party reporting. For details, see our editorial ethics and guidelines.

@TheIcedCoffeeHour (1); @theRealKiyosaki (2), (3), (6), (7), (16), (17); Trading Economics (4), (5); CNBC (8); Paul Krugman (9); Business Insider (10); CNN (11), (12); Social Security Administration (13); Yahoo Finance (14); @CNBCInternationalLive (15)

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This article provides information only and should not be construed as advice. It is provided without warranty of any kind.



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